Wednesday, March 6, 2024 / by Rob Mills
Worrying News In The Canadian Real Estate Market
We are continuing to see worryingly low numbers of new construction (starts) across almost all housing types, but the one that is most worrying is in the Single Family Home stat. The mist desirable home in the marketplace, is the one that is being built less and less.
Whilst condos and rental units are still low, the fact the Single Family Home market is so low means we're heading for a big issue in the future as inventory will not meet demand.
Whilst condos and rental units are still low, the fact the Single Family Home market is so low means we're heading for a big issue in the future as inventory will not meet demand.