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Canadian Real Estate Owners Aren’t Selling, Here’s Why

  • Article
  • Apr 6, 2023
  • #RealEstate
Stephen Punwasi
@StephenPunwasi
(Author)
betterdwelling.com
Read on betterdwelling.com
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Canada’s busy Spring market hasn’t begun with the typical flood of sellers. BMO Capital Markets warned investors a lack of new listings for sale might be a bigger problem than low s... Show More

Canada’s busy Spring market hasn’t begun with the typical flood of sellers. BMO Capital Markets warned investors a lack of new listings for sale might be a bigger problem than low sales. They attribute this to a number of factors, but they all boil down to one issue—there’s little reason to sell. Canada is hitting property with stimulus less than one year after the market began to slide.

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Patrick M. Condon @pmcondon2 · Apr 7, 2023
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A good read for my Canadian friends concerned about housing price and the forces preventing housing from being affordable to average wage earners.
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