Canada House prices will do what by 2025?

Buddy just don’t read this BS report to us. They don’t know what they are talking about trying to create FOMO again. We are in a recession, a long one. Prices will fall, coming back to the peak in 2022 will take 7-10 years. It’s cyclical we all know that. So just take a deep breath and stay put

Some realtors are so out of touch. They believe their clients have unlimited cash to just buy more and more and more and more house. I’m convinced they’re drinking some serious KoolAid. People are seriously strapped right now. Not everyone wants a house as a massive investment. Most people just wanted to stop renting and the equity was gravy. The government doesn’t care and will find a way to keep prices higher because everyone only invests in real estate in Canada. Smh

Prices will be stagnant for the next 3-4 years and then will start raising. Never trust real estate companies on any forecasts and definatelly stay away from real estate agents opinions.

You have no life or business experience but thanks for telling the nieve you do and dragging them into insermountable dept with the only out come is your commission and then on to the next.

Remember that now that they allow houses to be converted to triplex and fourplex in Toronto, now that makes each residential house basically a small apartment, therefore further increasing land value as you can now potentially have 4 units to rent out. Therefore prices will rise on that factor and supply and demand issues, and most people who want to own houses in the future will most likely need to team up and split the house into separate units and live in them. This is what the government has created for the future. Oh and the garden and laneway suite ability will also raise cost for land too.

Prices will go down in the mid to long term. As supply catches up and policies like increased capital gains tax. Purposeful built student housing, cra mortgage fraud checks, and a cap on temporary workers to name a few. The housing market is exposed more than ever. And eventually demand will be tamed so inflation can finally come down

There will be a new average price high record in spring next year.

Toronto proper has seen little to no growth for years. Easily once rates start to lower its going to explode. Everyone thought there would be more inventory, it never happened.

Pricing is going to slump YOY. I'm not seeing gains in the future, sorry.

Hopefully rates don’t go up

Total BS.