Canadian real estate has entered the second leg of its correction. Prices are down 21.6% from the peak, have fallen for seven straight months, and have just hit a 5-year low. January 18, 2026 2:43 pm by Alex “December alone accounted for nearly 20% of the entire annual decline. At the same time, sales remain below 2019 levels despite population growth, while new listings are near multi-year highs even in December. That combination usually means prices haven’t finished adjusting yet.” See also Florida slashes spending 4 years straight with rainy day fund tripled and no income tax.See also A ship that didn't pay irans straight of Hormuz toll, has been hit by a missile, is on fire, and sinking to the bottom of the oceanh/t Key_Brief_8138