Our real estate experts are back for another look at the state of Canada’s housing market. This time, they give us a snapshot of how rate increases have affected sales and listings, when we might see things pick back up, the impact the new rules around foreign buyers may have and much more.  

Further reading: 

Farah’s recent 2022 housing market wrap-up report 

Key moments this episode: 

1:34 — What’s happened in the market since last fall 

2:42 — A little context around interest rates 

5:23 — How much volumes have dropped in the last year and why 

6:50 — “Crystal ball time” – where rates may go from here 

9:30 — How high qualifying rates have factored in 

10:02 — How new rules around foreign buyers may impact the market 

11:47 — What is the “stress test”?  

13:46 — How is the housing supply keeping up with Canada’s ambitious immigration goals? 

20:34 — How might the markets look in the next six months or a year?