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The Canadian Real Estate December Market Breakdown

Join real estate analyst Daniel Foch for the latest Monthly Market Call, presented in partnership with Real Estate Magazine. In this deep-dive session, Daniel breaks down the most significant developments shaping Canada’s housing market, rental landscape, and economic environment.

This month’s discussion includes:

  • Mortgage renewals are expected to peak next year, creating financial pressure for many borrowers
  • Vacancy rates are rising nationally, putting stress on investor cash flows
  • Rents are declining in several markets, improving rental affordability
  • Canadian household debt has reached record levels
  • Purpose-built rental construction is at historic highs
  • CMHC MLI Select has shifted construction risk and increased bank exposure
  • Building permits remain elevated, creating significant pent-up supply
  • High interest rates are the biggest constraint on new rental development
  • Developers are delaying condo closings due to weak buyer capacity
  • Population growth is slowing, especially among international students
  • Markets tied to post-secondary institutions are seeing the largest vacancy increases

Whether you’re a real estate, broker, investor or industry observer, this session offers data-driven insights to help you navigate Canada’s evolving real estate landscape.

Watch the replay below!

Join us live every month for The Canadian Real Estate Market Breakdown as REM columnist Daniel Foch delivers expert analysis on the latest CREA stats and national housing trends.

🎥 Don’t miss the live breakdown—save your seat.

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Join real estate analyst Daniel Foch for the latest Monthly Market Call, presented in partnership with Real Estate Magazine. In this wide-ranging, data-driven session, Daniel breaks down the economic forces and market dynamics shaping Canadian real estate, from...

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