June 2021 Canadian Real Estate Market Update | The Market Is Cooling?

June 2021 Canadian Real Estate Market Update | The Market Is Cooling?
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After starting the year on a blistering record setting pace, the Canadian real estate market is showing signs of finally cooling off. This crazy hot start has driven up prices in the Canadian housing market to new record levels. Now that we are seeing the pace of sales decreasing there are those saying that the Canadian real estate market is going to finally see the dreaded Canadian real estate bubble pop, or a Canadian housing market crash is imminent. Instead, this is just the Canadian housing market returning to its more normal levels of activity after the flurry of activity in Canadian real estate the past twelve months. While activity in major centers like the Vancouver and Toronto real estate markets have slowed compared to previous months their sales numbers are still very high compared to previous years. If it wasn’t for the record setting numbers of March and April people would likely be talking about how crazy hot the Toronto real estate market is right now.

This is your Bald Prairie Real Estate June 2021 Canadian real estate market update.

Thank you, Barry Bierman, from Barry Bierman Productions for the drone footage of Regina. You can check out his amazing work at here:
YouTube https://www.youtube.com/user/bdbierman
Instagram: @barrybierman
Email: Barry@barrybierman.com

[0:00] Introduction
[0:27] Welcome to the BPRE Market Update!
[1:51] Another Terrible Bad Dad Joke
[2:03] Regina Real Estate Market
[3:58] Victoria Real Estate Market
[5:44] Vancouver Real Estate Market
[8:13] Calgary Real Estate Market
[10:08] Edmonton Real Estate Market
[11:42] Saskatoon Real Estate Market
[13:32] Winnipeg Real Estate Market
[14:43] Toronto Real Estate Market
[17:46] Ottawa Real Estate Market
[19:33] Montreal Real Estate Market
[21:44] Halifax Real Estate Market
[22:57] Why did we see a slowdown in Canadian real estate?

#BaldPrairieRealEstate #CanadaHousingMarket #CanadianRealEstate

Related Videos:
CMHC Canadian Real Estate Prediction: https://youtu.be/cZx_MTBbN3E
Is Canadian Real Estate Affordable? https://youtu.be/XnmxyNkvxj4
Canadian Real Estate Market Update: https://youtube.com/playlist?list=PLJIsqXO9b_ojeDVbwhhiZVxJl0MGqOe2D
Should we End Blind Bidding? https://youtu.be/FaZbZS-5YBw
CHMC is Worried the Canadian Housing Market is Overheating: https://youtu.be/1dN-Un4qY_4

My name is Matthew Pfeifer and this is Bald Prairie Real estate. I am a realtor in Regina Saskatchewan working for Royal LePage Regina Realty. In nearly 10 years working as a real estate agent I have seen both ups and downs in the market. But there is no real estate market that you cannot buy or sell a house in. Often the media tries to present a Canadian real estate market or they talk about the real estate market in Canada as if there is a national market. The real estate market in Canada is very regionalized. Being from Regina I focus on the Regina real estate market. Bald Prairie real estate is about educating you about Canadian real estate. I cover first-time home buyer topics, tips for selling your home, how to buy a house in Canada and monthly Canadian real estate market updates.

(306) 591-3353
mpfeifer@royallepage.ca
Royal LePage Regina Realty

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