Lowest Numbers I've EVER Seen, 2024 Canadian Real Estate Market
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Most major areas in Canada are now deep into buyer's markets as per the latest statistics for September and the Government is trying to do everything they can to prop up the market and even increase prices. Newsflash! it won't work! Housing has been overbought in Canada and a price correction is all part of the trend. #housingmarket #realestateinvesting #realestatemarket #canada #bubble #mortgage links/references: https://www.canada.ca/en/department-finance/news/2024/09/government-announces-boldest-mortgage-reforms-in-decades-to-unlock-homeownership-for-more-canadians.html https://www.canada.ca/en/department-finance/news/2024/02/government-announces-new-action-to-build-more-than-5000-affordable-homes-and-strengthen-competition-to-lower-prices-for-canadians.html https://www.gvrealtors.ca/market-watch/monthly-market-report/september-2024.html https://fvreb.bc.ca/statistics/Package202409.pdf https://www.creb.com/News/Media_Releases/2024/October/New_listing_growth_driven_by_higher-priced_homes/ https://trreb.ca/trreb-september-home-sales-improve-over-last-year/ https://thedeepdive.ca/did-trudeau-admit-that-housing-policies-favor-boomers-over-youth/
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