STEVE S (@stevesasr1) 's Twitter Profile
STEVE S

@stevesasr1

Real Estate aficionado. Vancouver Realtor & Investor. Host of the Loonie hour podcast.

ID: 917317603

calendar_today31-10-2012 17:27:34

758 Tweet

104 Followers

930 Following

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Married and own a home by 30 years old in America 1950: 50% 1960: 52% 1970: 48% 1980: 45% 1990: 43% 2000: 35% 2010: 25% 2025: 12% Anyone got the Canadian data?

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In short: Most Canadian borrowers are still heading for higher payments. Fixed-rate holders carry the brunt. Variable-rate holders face either modest relief… or real pain. The mortgage renewal crunch isn’t over yet.

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About 60% of all mortgages in Canada are coming up for renewal in 2025–26. Even with recent rate cuts, most of these borrowers are in for a payment shock. 🧵👇

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Not a bright future for Canada’s youth. No chance of ever owning a home, competing for entry level jobs with the flood of new immigrants. Why stay?

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Home Sellers in Canada are cancelling listings at a rapid pace as they fail to get their prices. Many will retest the market in the months ahead.

Home Sellers in Canada are cancelling listings at a rapid pace as they fail to get their prices. Many will retest the market in the months ahead.
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After ignoring house prices for two decades, Bank of Canada says housing affordability to be considered in mandate review.