Canadian Housing Affordability

It's a hot topic. Anyone who's bought or sold, or even just shopped around, knows that housing prices have been pricing out some potential buyers. Smaller communities, not just the metropolitan areas, have experienced inflated real estate prices. Low inventories and increasing demand create the perfect storm for soaring prices. While the Bank of Canada's 2022 rate hikes have cooled the market somewhat, affordability is still a barrier to many Canadians. Find out more in "Canada Housing Affordability", By David Bico, published in Canadian Real Estate Wealth.