Canadian Housing Market

The Canadian housing market involves buying and selling homes, influenced by factors like interest rates, economic growth, and government policies. When demand is high and supply is limited, prices tend to rise, making homes more expensive. Conversely, if many homes are available but few buyers, prices can fall. Recent trends show fluctuating prices with periods of rapid growth and slowdowns, impacted by borrowing costs and economic conditions. Overall, the market reflects Canada's economic health, regional differences, and government interventions aimed at maintaining affordable and stable housing.