Residential real estate is the most widely owned and highly leveraged asset class for households. For these reasons, housing cycles have outsized effects on consumer confidence, spending, the economy and financial markets. The deflating housing bubble will remain a major macroeconomic force in 2026. The discussion below is worth a listen.

Demand for US homes is the worst it has ever been, reports housing analyst Nick Gerli of Reventure Consulting. In his opinion, the only two things that will return the housing market to health will be more inventory for sale and lower prices. Here is a direct video link.

Breaking!!! It appears Calgary, Edmonton, Nova Scotia and New Brunswick have all joined the real estate crash party with Ontario and BC. January data shows worsening markets in all of Canada now, even in Quebec. Here is a direct video link.