Canadian real estate is already only down 11% from peak, which some interpret as evidence of durability, but this is wishful thinking because real estate cycles involve years of decline after a peak before bottoming, and we're still early in the cycle.
causalpending
Speaker
Danielle ParkEvidence Quote
“people will say you know well... the Canadian property Market is only off about 11 uh from the peak so look we've withstood the shock and things are fine and uh that's all very wishful thinking”
Source
Economic Collapse is Basic Math and it's Very Clear How Things Play Out: Danielle Park— The Jay Martin ShowCreated: 8/11/2026, 1:14:25 AM
My Notes
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