Canadian Housing Supply Continues To Plummet
The Vancouver Life Real Estate Podcast - A podcast by The Vancouver Life Real Estate Podcast - Saturdays
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If you have tried to buy a home recently you've likely noticed that there doesn't seem to be a lot of options available, well, you're not wrong. There are less than HALF the amount of homes for sale today then there were just 6 years ago. This has understandably put upward pressure on prices, where in the last 12 months, the average Canadian home price has increased 25%, or $140,000. These record high prices coupled with record savings and decreasing debt ratios...