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)