🎙️ Episode 70: Canada’s Housing Market Correction: What Buyers & Sellers Need to Know

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:

 

• Why Canadian home prices have dropped 24% since 2022

• What’s happening right now in the Fraser Valley and Greater Vancouver markets

• Why affordability feels worse than it did back in 2017

• Debt strategies that could free up monthly cash

• 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:

• Allister Carrington – Realtor, Royal LePage Little Oak | AllisterCarrington.com

• Geoff Lee – Mortgage Broker, GLM Mortgage Group | GLMmortgage.com

 

#CanadianHousingMarket #FraserValleyRealEstate #VancouverRealEstate #RealDealPod #MortgageTips #HomeBuyingCanada #HousingMarketUpdate