Ron Butler, host of the Angry Mortgage Podcast and a Canadian mortgage broker, addressed recent developments in the Canadian real estate market through several posts on his X (formerly Twitter) account. His tweets from March 11 and 12, 2026, discuss trends in housing prices, mortgage rates, and the potential impacts on buyers.
On March 11, Butler promoted a new podcast episode featuring Ben Rabidoux. In his tweet he wrote: ” How long can prices keep falling? @BenRabidoux Founder of Edge Realty Analytics, joins me for a deep dive into Canadian real estate — sales trends, and what it means for buyers Don’t miss this episode of the Angry Mortgage Podcast Watch now on YouTube! https://t.co/ZimADcaiI1″. He followed up minutes later with another post providing access to the full episode: “Full episode here https://t.co/MfPo0suDRy”.
The next day, Butler commented on rising mortgage rates in Canada. On March 12 he posted: “Mortgage Rates Go Up: As The Price Of Oil Goes Up So Do Mortgage Rates Unless the War In The Middle East ends quickly we will soon see most Mortgage Rates in Canada start with a 4 And ZERO chance of Bank of Canada Cuts Bad news for Canadians with Mortgages 2/”.
Butler’s remarks about oil prices and their impact on interest rates reflect broader economic trends. Increases in global oil prices can contribute to inflationary pressures in Canada’s economy by raising costs for goods and services. This often leads central banks like the Bank of Canada to maintain or increase interest rates as part of efforts to control inflation. Additionally, geopolitical instability—such as conflicts in oil-producing regions—can create further uncertainty around commodity prices and monetary policy decisions.
Canada’s housing market has experienced significant volatility since the onset of the COVID-19 pandemic. Home prices surged during periods of low interest rates but have faced downward pressure as borrowing costs increased throughout 2023 and beyond due to central bank rate hikes aimed at curbing inflation.
Butler’s analysis comes at a time when many Canadians are closely monitoring both real estate values and lending conditions amid persistent economic uncertainty.
