Canada's Housing Shortage Hitting Breaking Point

The Vancouver Life Real Estate Podcast - En podcast af The Vancouver Life Real Estate Podcast - Lørdage

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This week is a jam packed episode that really underscores the housing crisis in Canada is hitting unprecedented levels. With projections from the Canada Mortgage and Housing Corporation (CMHC) indicating a severe shortage of up to 4 million housing units by the year 2030, this crisis is expected to have far-reaching consequences, including a staggering 89% increase in housing prices over the next 6 years, according to CMHC estimates. That puts the average home price at an eye-watering $2...

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