At first glance, Canadian homebuyers are doing better today than they were one year ago: Compared to 2020, when home seekers were crippled by uncertainty and health concerns, those who are currently looking to buy a home are less worried about their safety and finances. However, this is just a façade. Home prices are at an all-time high and rising; inventory is at a record-low and dropping; and unwavering demand keeps the bidding wars going.…
Update: This article has been updated with the most recent available data. The 2018 version of the analysis can be found below the current study. Three years and a global…
At the beginning of 2020, right when the pandemic hit, our homebuyer flash survey revealed that many home seekers were forced to put their plans on hold. But although house…