Which major Canadian city got hit hardest by the crash?

Toronto vs Vancouver: Which Real Estate Bubble Burst Worse—and Why Multiplexes Matter Multiplex event tickets: https://www.eventbrite.ca/e/unpacking-multiplexes-vancouver-tickets-1854695467069 The video compares Toronto and Vancouver’s housing bubbles and argues Toronto saw the worse blow-off, citing a much bigger drop in pre-construction condo pricing and a deeper collapse in absorption (Toronto down about 86% vs Vancouver about 55%). Both markets face severe supply shortages, extreme price-to-income ratios, and a wide gap between owning and renting, with high-rise condos no longer penciling economically. The creator says multiplexes are the only urban density product currently working, but for different reasons in each city: Toronto benefits from no development charges under seven units and CMHC-backed rental financing, while Vancouver’s key advantage is cultural familiarity with strata ownership. Vancouver’s multiplex supply is often stratified and sold as ownership, while Toronto’s is more rental-oriented, shaping each city’s path toward ownership versus a renter’s economy. The episode also promotes a Vancouver multiplex event on April 8 at Yaletown Roundhouse, with additional events planned in Edmonton, Toronto, and Montreal. 00:00 Vancouver vs Toronto Debate 00:43 Why Multiplex Matters 01:58 Bubble Bear Case Setup 03:25 Toronto Bubble Burst 05:27 UBS Bubble History 06:39 Affordability and Rent Gap 09:03 Condo Sales Collapse 10:36 Why Multiplex Pencils 11:34 Multiplex Data Comparison 12:52 Ownership vs Rental Split 15:10 Branding and Financing Edge 17:21 Event Invite and Roadshow 19:17 Multiplex Is Here to Stay 20:48 Next Decade City Winners 22:47 Wrap Up and Viewer Question Analyze real estate investments with Ai: https://realist.ca/ #toronto #vancouver #canada #canadianrealestate #investing #realestate #realestateinvestingcanada