Canadian real estate is in the middle of one of the biggest housing corrections ever—but what does that mean for buyers, sellers, and homeowners? 🏡📉
In Episode 70 of The Real Deal Pod, Allister Carrington (Realtor) and Geoff Lee (Mortgage Broker) break down:
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Why Canadian home prices have dropped 24% since 2022
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What’s happening right now in the Fraser Valley and Greater Vancouver markets
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Why affordability feels worse than it did back in 2017
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Debt strategies that could free up monthly cash
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How downturns create huge opportunities for smart buyers and investors
If you’re looking for clear, real, and actionable insights on the Canadian housing market—this episode is for you.
⏱️ Chapters
0:00 – Welcome back + back-to-school chat 🎓
3:12 – Did You Know? Canada’s housing correction explained
7:40 – Fraser Valley market update (August 2025)
12:05 – Greater Vancouver market update
16:45 – Affordability vs. 2017: why it feels worse now
21:30 – Mortgage renewals & debt strategies 💰
28:55 – How downturns create buying opportunities
34:20 – Final thoughts + next steps
➡️ Find out how we can help you with your homeownership journey!
👤 Your Hosts:
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Allister Carrington – Realtor, Royal LePage Little Oak | AllisterCarrington.com
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Geoff Lee – Mortgage Broker, GLM Mortgage Group | GLMmortgage.com
#CanadianHousingMarket #FraserValleyRealEstate #VancouverRealEstate #RealDealPod #MortgageTips #HomeBuyingCanada #HousingMarketUpdate
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