Canadian Home Prices Fall: Sellers in Denial?

#canadianrealestate #housingbubble #canadianhousing Canadian home prices and sales dropped in April, but realtors complain that sellers still want 2021 prices — a pattern seen in almost every asset bubble. Links: Declines in Canadian Home Sales Take a Pause in April Despite Ongoing Tariff Pressures: https://www.youtube.com/watch?v=0Ujpe5nxNBA&list=PLOKoTy8yPzZaRjG8ArUm5F6Ny2FEl5rxb Economic Uncertainty Keeping Home Buyers on the Sidelines: https://www.youtube.com/watch?v=mzVa4hb1HIU Declines in Canadian Home Sales Take a Pause in April Despite Ongoing Tariff Pressures: https://creastats.crea.ca/en-CA/ Eleven offers for bungalow after price cut by $400,000: https://www.theglobeandmail.com/real-estate/toronto/article-eleven-offers-for-bungalow-after-price-cut-by-400000/ Toronto home sellers are slashing prices, offering big discounts: https://www.bnnbloomberg.ca/business/real-estate/2025/05/14/toronto-home-sellers-are-slashing-prices-offering-big-discounts/ In buyer’s market, Scarborough house sells for $135,000 below asking: https://www.theglobeandmail.com/real-estate/toronto/article-in-buyers-market-scarborough-house-sells-for-135000-below-asking/ Canadian Home Prices Surge a Record 25% Amid Persistent Shortage: https://www.bloomberg.com/news/articles/2021-12-15/canadian-home-prices-surge-a-record-25-amid-persistent-shortage It’s maddening to say, but now might be a generational opportunity to buy a first home: https://www.theglobeandmail.com/investing/personal-finance/article-its-maddening-to-say-but-now-might-be-a-generational-opportunity-to/ Bank of Canada to start cutting rates again as jobs blow from tariffs materializes, economists say: https://financialpost.com/news/economy/bank-of-canada-cutting-rates-jobs-tariffs-economists Consumer Price Index: https://www.statcan.gc.ca/en/subjects-start/prices_and_price_indexes/consumer_price_indexes GTA home sales fell more than 20% in April, real estate board says: https://www.cbc.ca/news/canada/toronto/greater-toronto-area-home-sales-fall-april-1.7527667 In Ontario, selling at a loss becomes commonplace: https://www.theglobeandmail.com/real-estate/article-in-ontario-selling-at-a-loss-becomes-commonplace/ Home prices: Don't expect quick rebound: https://money.cnn.com/2007/03/09/news/economy/home_price_slump/index.htm Federal Funds Effective Rate: https://fred.stlouisfed.org/series/DFF Hamptons Overdrive: https://www.vanityfair.com/news/2008/08/hamptons200808?utm_source=chatgpt.com Welcome to the dead zone: https://money.cnn.com/2006/05/03/news/economy/realestateguide_fortune/index.htm The rise and fall of the land myth in Japan ―some implication to the Chinese land taxation: https://eaber.org/wp-content/uploads/2011/05/PRI_Morinobu_06.pdf?utm_source=chatgpt.com Interest Rates: Immediate Rates (24 Hours): Central Bank Rates: Total for Japan: https://fred.stlouisfed.org/series/IRSTCB01JPM156N Japan After the Bubble Burst: Traditional Values Inhibit Quick Comeback: https://quod.lib.umich.edu/j/jii/4750978.0006.303?view=text;rgn=main NASDAQ Composite: https://www.cnbc.com/quotes/.IXIC Value Investing Got Crushed During the Internet Bubble — Here’s Why…: https://alphaarchitect.com/value-investing-got-crushed-during-the-internet-bubble-heres-why/#:~:text=And%20why%20not%3F What's Wrong, Warren?: https://www.barrons.com/articles/SB945992010127068546 The Dot Com Bubble: The Bear Market of 2001: https://marottaonmoney.com/the-dot-com-bubble-the-bear-market-of-2001/?utm_source=chatgpt.com Supply is the only cause and solution to Canada's housing woes — it's time to be bold: https://financialpost.com/real-estate/supply-is-the-only-cause-and-solution-to-canadas-housing-woes-its-time-to-be-bold Canadian home sales down almost 10% annually last month, CREA says: https://www.theglobeandmail.com/business/article-canadian-home-sales-edge-down-in-april-fall-on-annual-basis/ Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) MarkMitchell@LondonOntarioMortgages.ca Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel: https://www.youtube.com/c/MarkMitchellMortgageBrokerLondonOntario Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - https://www.instagram.com/mortgagebrokerlondonontario Facebook - https://www.facebook.com/londonontariomortgages Twitter - https://twitter.com/londonmortgage1/ LinkedIn - https://www.linkedin.com/in/mark-mitchell-london-s-mortgage-broker-197842123/ TikTok - https://www.tiktok.com/@mortgagebrokerlondon?lang=en Commentary on this Channel should not be considered financial advice.