Economics
Will the average home price in Canada fall by more than 15% from its 2025 peak before the end of 2027?
An economics prediction on the correction of one of the world's most expensive housing markets.
50 total votes
Analysis
Canada Housing: 15% Drop by 2027?
Canadian housing affordability is a crisis, with prices detached from incomes. This prediction asks if the national average home price will fall by more than 15% from its 2025 peak before the end of 2027.
Supply vs. Rates
The 'No' vote leads because of the fundamental supply shortage. While high interest rates put downward pressure on prices, Canada's aggressive immigration targets and slow construction pace create a high floor for the market. Demand consistently outstrips supply in major metros like Toronto and Vancouver. A crash of >15% would likely require a severe global recession or a massive spike in unemployment, rather than just monetary policy shifts.