Single-income earners are being priced out of Canada’s housing market

Econ & Housing

There are signs that the unprecedented landscape of Canada’s housing market is heading in the opposite direction. The national average price of a home in Canada hit a record highin February — $816,620 – representing a 20 per cent spike compared to the same time last year. But it appears February’s record may also represent…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
Stock futures rise after GOP and White House reach tentative U.S. debt ceiling deal: Live updates
Two Key Housing Themes: Low Inventory and Few Distressed Sales
Low inventory, competition driving up home prices — here are the bills Republicans say could help the problem
The impact of the rising cost of materials and labor in the construction industry
Looking to buy a newly built home? Good luck finding one.