This Court Ruling Could Change Property Ownership in Canada: Steve Saretsky

Canada’s housing market is entering a major shift. In this episode, Mike Moffatt sits down with Vancouver realtor and Loonie Hour host Steve Saretsky to break down the growing cracks in Canada’s real estate market — from falling condo prices and rising vacancy rates to investor selloffs, rent control, and the political fallout surrounding B.C.’s controversial Cowichan land title ruling. They also compare the housing markets in Vancouver, Toronto, and Calgary, and discuss what’s next for affordability, development, immigration-driven demand, and the future of housing policy in Canada.Topics covered:• The Cowichan land title ruling and B.C. real estate uncertainty• Vancouver vs. Toronto housing market slowdown• Falling condo prices and investor selloffs• Rising vacancy rates and declining rents• The collapse of Canada’s condo pre-sale market• Purpose-built rentals and developer pullback• B.C.’s rent control policies• Calgary’s zoning and density debate• Immigration, population growth, and housing demand• The future of housing affordability in CanadaChapters:0:00 Canada’s Housing Market Is Shifting Fast1:12 Introducing Steve Saretsky & B.C. Housing Challenges2:18 The Cowichan Land Title Ruling Explained5:20 Why Banks and Buyers Are Nervous About B.C. Real Estate8:14 Political Fallout in British Columbia11:02 Vancouver’s Housing Market Slowdown13:40 Condo Investors Are Exiting the Market16:28 Rising Vacancy Rates & Falling Rents19:11 The Collapse of Canada’s Pre-Construction Condo Market22:05 Why Developers Are Pulling Back on New Projects24:37 B.C. Rent Control and Its Market Impact27:02 Calgary’s Zoning Backlash and Density Debate30:01 Immigration, Rental Demand & Housing Pressure32:18 The Future of Family-Friendly Housing in Canada33:40 Final Thoughts on Canada’s Housing FutureResearch links:The Cowichan ruling isn’t a threat to private propertyhttps://policyoptions.irpp.org/2025/12/cowichan-land-ruling-explained/To recognize aboriginal title is not to abolish property rights, but to uphold themhttps://www.theglobeandmail.com/opinion/article-cowichan-aboriginal-first-nation-indigenous-property-rights/What the Musqueam rights recognition agreement means and what it doesn’thttps://www.cbc.ca/news/canada/british-columbia/musqueam-rights-recognition-agreement-explained-9.7128504Real-estate firm bulk buys $30 million of downtown Toronto condos: ‘They’re sitting empty’https://www.thestar.com/real-estate/real-estate-firm-bulk-buys-30-million-of-downtown-toronto-condos-theyre-sitting-empty/article_899ba81b-b385-43ad-9370-86178d487187.htmlHosted by Mike Moffatt & Cara Stern & Sabrina MaddeauxProduced by Meredith MartinFunded by the Neptis Foundation https://neptis.org/