Canada’s Housing Affordability Nightmare: Why The Crisis Persists Despite Market Correction

Canada’s housing affordability problem continues to persist despite a significant correction in home prices, BMO economists said in a recent analysis. In an article by BMO Chief Economist Douglas Porter and Senior Economist Robert Kavcic, it was analyzed that the belief that doubling the industry’s output and flooding the market with new units can solve … Continue reading Canada’s Housing Affordability Nightmare: Why The Crisis Persists Despite Market Correction