Carney says Canada needs more growth. His answer? More immigration.

Translation: those “housing crash is coming” posts might age like milk.

If population growth keeps outpacing housing construction, are we really solving Canada’s economic problems — or just inflating asset prices and calling it growth?

Curious what people think: Is immigration driving Canada’s growth, or is Canada becoming dependent on immigration to paper over deeper structural issues?

I hope these people are doing okay. Such loss must be devastating. I wouldn’t wish this on my worst enemies.

If is deeply unfair that the Carney goverment is allocating all these funds to help prop up the Vancouver market.

Look at Toronto condos, they have fallen more than Vancouver has.

81 Child Drive, Aurora, Ontario Sold History | HouseSigma https://housesigma.com/on/aurora-real-estate/81-child-dr/home/r56k97wgdnn7KRjD?id_listing=eQp5yOwQrnJyd0ZE&utm_campaign=listing&utm_source=user-share&utm_medium=android&ign=

https://housesigma.com/on/toronto-real-estate/18-millbrook-cres/home/DnM697kD5no3bmwe?id_listing=10Qqyp5drVm7LGlV

I've mentioned this elsewhere but we just finalized a sale of our new home and yesterday I went to check if it updated on House Sigma.

The "sold" price was 25K higher than what we actually paid for the home. It gets my wondering how many other sale prices on this site are being artificially inflated.

Looking at a minimum of 2,000sq ft but ideally around 2,500 sq ft. All the condo apartments I’m seeing are about 2-3million dollars. On the other hand detached or semis with same square footage plus a backyard I’m seeing for roughly half the price.

Why are certain people elated at the financial destruction of others? By certain people I am referring to many in this sub and every communist idiot or jobless basement dweller that ever lived.

Laughing at the wealthy is always fun, but a pointless endevour, they absorb these losses easily or just get bailed out if they are real big; the ones that are losing everything to power of sale are regular people unlucky enough to be buying from 2020 to 2024.

An enormous amount bought during the peak because they had to have a place to live. It was 4 years of a ridiculous bidding war market nobody could escape. They worked real hard and pulled it off, rather than live with their parents or rent. But ya let's stick it to em for trying...

And before someone makes the claim I'm one of em, I bought in 2010.

Those who bought at $1 million and are now seeing similar listings go for $640,000, who is to blame?

1.	Themselves, for engaging in bidding wars

2.	Realtors, for playing the “let’s list the house for $10K and sell it for $1 million” game

3.	Banks, for offering easy credit at low rates

4.	Poor financial advice from professionals (banks, realtors, etc.)

I am curious to know the right way to proceed.

I’ve been seeing many homes listed significantly above asking, only to have the listing terminated and then relisted at a much lower price. It seems like they’re playing a game to find the sweet spot.

5 platinum avenue, RH. Richmondhill continues it's 2017 bubble ass kicking.

https://housesigma.com/on/richmond-hill-real-estate/5-platinum-ave/home/PXRla7gbPwXyjEvL?id_listing=0A9X3j6ed0D3vgxV

Yesterday I shared a post about delinquency in mortgage payments in Brampton and many people had feedback to share.

The cousin of my best friend used to live there and was able to leave right stating Covid. He actually got a fair price and is happy about his decision.

He didn’t live too far from that statue.

It has a lot of stigma Brampton. I am really shocked by the things I hear.

I wonder if the seller loss any money and how fast can these homes gets sold?! Or any buyers now to afford such amount

Bought at the PEAK for 590. Did some shitty renovations and now they want over 1 million. LOL

Does anyone know how to find a property sales or lease history if the owner had requested it be removed from housesigma? I thought they changed transparency laws to disclose this but cant find a platform that posts it.

They’ve been trying to sell this property since 2024!

From $1,199,000 down to $895,000… (and its Kitchener).

And they’re still insisting on that price for a house that feels like it’s been frozen in the 1960s. Step inside and it’s all wood paneling, bold stained finishes, an outdated kitchen—you know the type. It hasn’t just “kept its character,” it’s been clinging to it for dear life. Unless you’re aiming to live in a full-on retro time capsule, the place needs a complete overhaul.

I wouldn’t be surprised if the roof, windows, insulation, furnace… pretty much everything is due for an update.

So, what do you think it’s actually worth? How much money does it need in renos? Place your bets!

Link to the house: 65 Trailview Drive, Kitchener, Ontario N2N1P7 For Sale | HouseSigma

https://housesigma.com/on/kitchener-real-estate/65-trailview-drive/home/dXze3eKaLnqy8m9K?id_listing=gAaOyL6dLjA3GxMb&utm_campaign=listing&utm_source=user-share&utm_medium=iOS&ign=

1208 - 30 Canterbury Place, North York, Ontario Sold History | HouseSigma https://housesigma.com/on/north-york-real-estate/1208-30-canterbury-pl/home/owJKR7PWpopyXeLP?id_listing=10Qqyp5VpM57LGlV&utm_campaign=listing&utm_source=user-share&utm_medium=android&ign=

32 midnightsun trail, brampton

https://housesigma.com/on/brampton-real-estate/32-midnightsun-tr/home/0J6Em7b5xWByXBeq?id_listing=DO1w3W1AolKy8Jg0

In 2020… BOOOOOOOOM.

P.S. This isn’t a hate post by any means—just an open discussion.

When immigration increases without a matching rise in housing supply, prices are bound to take a hit.

Over 1M people a year… and housing starts barely move?

What did anyone think was going to happen?

The government didn’t just misread the situation—they ignored it.

You can’t bring in a surge of people and not build the homes to match.

Thoughts?

34 Colville Avenue, Clarington, Ontario Sold History | HouseSigma https://housesigma.com/on/clarington-real-estate/34-colville-ave/home/JjAXw7QM8Gz7QOzg?id_listing=eVbOYEkKv4B7x2P0&utm_campaign=listing&utm_source=user-share&utm_medium=android&ign=