Daniel Foch on YouTube
Canada's Housing Market Just Hit Rock Bottom (Worst Market Ever) ...Here's What Happens Next)
Published July 3, 2026
Topics: Housing Market
About this video
Canada’s Worst Home Sales on Record (Per Capita), the Shift to Rentals, and How AI Is Changing Real Estate
Ai agents for realtors: homiesai.com
Multiplex Toronto Event: https://realist.ca/community/events/unpacking-multiplexes-toronto
The speaker reviews Canadian housing supply and market conditions, noting it’s too early to judge the proposed condo “bailout” and that delinquencies/foreclosures tend to track unemployment. They argue Canada’s per-capita home sales are the worst on record, with sales comparable to 2003 despite a much larger population, while prices are down about 28% from peak nationally. The downturn is concentrated in Ontario and BC, which heavily weight national indices, while most other provinces have risen since early 2022. Policy and financing are driving a major shift toward purpose-built rental construction, with CMHC insuring more rental than homeowner projects and rental starts at record shares, creating risks from falling asking rents and especially interest-rate volatility. Toronto faces record pre-con condo supply, while recent tax rebates are boosting some pre-con freehold sales. The episode also pivots to AI in real estate, promoting Homies (a SaaS tool), outlining upcoming events, and describing benchmarking of AI models for real estate workflows.
00:00 Agenda and Condo Bailout
03:21 Is This the Worst Market
05:47 Prices and Two Markets
11:30 Speculation and Debt Risks
15:05 Why Sales Matter to GDP
16:05 Rental First Policy Shift
20:08 Purpose Built Rental Pivot
22:29 Rates Versus Rents Debate
27:22 Multiplex Upzoning Opportunity
29:58 Rents Falling With Population
31:24 Precon Inventory and Bailout
34:00 New Home Rebate Impact
38:10 AI Pivot and Homies Intro
40:31 Model Wars and Regulation
44:55 HomeBench Realtor Benchmark
48:58 Wrap Up and Q and A
#canadianrealestate #realestateinvestingcanada #realestate #torontorealestate #vancouverrealestate
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