The Heating Canadian Housing Market|The causes and How To Get into the Housing Market

The Heating Canadian Housing Market|The causes and How To Get into the Housing Market

The Canadian Saver
00:09:09
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About this episode

For a lot of people, owning a home has been a lifelong dream. However this dream is becoming harder and harder to reach. Unless you have been living under a rock, you might have heard about the Canadian housing market and the fact that home prices are reaching higher and higher levels every day. When the pandemic hit, the prediction was that the economy would take a hit and home prices would drop. The predictions were right on one point, the economy did take a hit. However, the same can’t be said for home prices in Canada. After a drop in residential sales activity a few months into the pandemic, the Canadian real estate market has rebounded nicely. A little too nicely, actually.