Cracks in Canada's Housing Market Start Appearing

The video discusses Canada's housing market, which has experienced a significant boom and price appreciation. However, with rising interest rates and inflation, there is a potential for a downturn. The video explores the impact of these economic changes, including forced home sales and comparisons to the crypto market. It also examines case studies of individuals affected by increased mortgage costs and considers the future outlook based on bank reports and mortgage rate changes.

What factors are contributing to the current slump in home sales in Canada?

In what ways might the Canadian housing market serve as an example for other countries?

What is the significance of forced sales in the context of the Canadian housing market?

How have rising interest rates affected home prices in Canada?

What are the potential consequences of a self-perpetuating cycle of price declines in the housing market?