Housing Affordability in Canada

Record setting housing sales and values continue to dominate headlines in Canada.  Many factors have created what is often called a crisis, as first time home buyers are faced with escalating property values, especially in large urban centres such as Vancouver and Toronto.  

A recent analysis uncovers many factors (interest rates, construction costs, interrupted supply chains, demographics) which have contributed to the 2023 housing conundrum.  Most notably, a sharp increase to immigration is identified as the key variable putting pressure on housing.  READ MORE

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