There have been predictions about a major housing crash in Canada for years. Click on the link below for our stock recommendations that we believe could battle Netflix for entertainment dominance. Not to alarm you, but you’re about to miss an important event. Dream Industrial owns and operates more than 260 high-quality industrial properties in key markets across North America. We have listings in Charlottetown, Cornwall, Summerside, Stratford, & more. Click Here to Get Your Free Report Today! In 2008 - at age 22 - he was recognized by The Times of London for warning about the U.S. housing and credit bubble as a university student via a website he built called "stock-market-crash.net." Real estate roundup: Charlottetown, PE housing market overview Point2 gives you far more than a simple list of houses for sale. However, the growing debt that Canadians have been taking on over the last few decades is becoming increasingly worrisome because the debt is increasing far faster than the country’s Gross Domestic Product (GDP). Dream Industrials is earning well through its 95.6% occupancy in Q2 2020. Unlike residential real estate or REITs, industrial REITs are doing much better during the pandemic. The markets in Vancouver and British Columbia are also overvalued, but not at the level of GTA. Vancouver real estate agent David Hutchinson is still showing properties during the pandemic, but he's had to make adjustments. These losses were also apparent in the stock values of real estate investment trusts (REIT), companies specializing in owning and operating real estate. This is your chance to get in early on what could prove to be very special investment advice. The economy is barely beginning to recover from the pandemic. The market managed to stay afloat previously, but COVID-19 could provide the factors that can lead to the crash. Between low inventory and favourable interest rates for buyers, housing prices only seem like they will continue to rise. The housing market only seems to be catching up to what its growth might have been if COVID-19 did not slow it down in March and April. The COVID-19 virus event is a global crisis event that is currently in the very early stages of consumer psychological processing. I understand I can unsubscribe from these updates at any time. Rising Interest Rates. However, a major housing market correction in GTA could send waves that ripple across the entire housing market. Eight Interior Design Trends We’ll See In … The REIT provides its shareholders with healthy returns through a juicy 6.13% dividend yield. Adam Othman | August 31, 2020 | More on: FTS FTS. COVID-19 managed to slow down Canada’s housing market growth in March and April 2020. The market is too frail to carry on like this for very long. Please read the Privacy Statement and Terms of Service for more information. Image source: Getty Images . Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. Adam Othman | October 22, 2020 | More on: DIR.UN. Motley Fool Canada's market-beating team has just released a new FREE report that gives our three recommendations for the Next Gen Revolution. Unlike residential real estate or REITs, industrial REITs are doing much better during the pandemic. US Real Estate in Jeopardy - Analysts Predict Housing Market Crash to 29-Year Lows As the coronavirus outbreak ravages the global economy, a number of industries are taking a bit longer to feel the brunt of the financial hardship. You can invest in REITs that trade on the TSX just like stocks. Click Here to Get Your Free Report Today! Record-low mortgage interest rates could be the primary reason for the high demand. Back view of hugging couple standing with real estate agent in front of house for sale. CRA $2,000 CERB: Will Canadians Get it Again in 2021? The agency reported that expenses rose 711% in Q2 2020, and that included an increase in provisions for COVID-19-related claims. The timeline of the crash could start as early as the end of 2020. However, it may take some time to materialize. We’ve Got You Covered with These 3 Free Stock Picks. As of July 2020, the number of home sales and average selling prices broke new records with 30% and 15% year-over-year increases, respectively. We’ve Got You Covered with These 3 Free Stock Picks. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. 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