Why Everyone Thinks the Market’s Crashing (But It’s Not)

Is Canada’s real estate market actually crashing, or is it just hype? The media loves doom and gloom—it gets clicks—but the real story is more complicated.

In this Summer 2025 Market Update, I break down what’s really happening in Canadian real estate. While headlines scream about Toronto condos, pre-construction projects, and overleveraged investors, the truth is the market is deeply divided by micromarkets.

Yes, some areas are sliding—especially high-rise condos in downtown Toronto, where inventory is so high it could take over five years to sell. But in Greater Vancouver? Detached homes in family-friendly suburbs and townhomes with rental suites are still moving—if they’re priced and presented right.

Here’s what we cover in this video:
 ~ Why the “crash” narrative is mostly driven by a few struggling markets
 ~ How Greater Vancouver’s prices have barely moved in two years
 ~ The real difference between median and average sale prices
 ~ Why pricing your home like it’s 2022 will guarantee it won’t sell
 ~ The winning pricing strategy for late 2025 (list at or 1–2% below the most recent comparable sale)
 ~ Why staging, marketing, and a strong CMA are more important than ever
 ~ How bidding wars are still happening on the right properties

Fun fact: May 2025 was reportedly the slowest month for sales on record, with June coming in second—yet well-prepared sellers still got great offers. The key? Smart pricing + strong presentation.

If your home hasn’t sold, it’s not too late to turn it around. In an upcoming episode, I’ll share exactly how to revive a stale listing and attract serious buyers.

📊 Want the data?
Reach out for my full report on which Greater Vancouver areas are dropping the most.

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Jessi Johnson Personal Real Estate Corporation
Realtor | eXp Realty
📞 604 566 8968 (office line)