Housing Affordability Requires Attention to Both Supply and Demand
Housing price increases over the past few years severely eroded housing affordability and galvanized national attention. It is essential to remember that, in any market, prices are determined by both supply and demand. This means that while Canada certainly needs more homes, attention must be paid to demand-side questions like who is buying them, how purchasers are paying for them and what buyers are doing with them.
Op-ed | 4-min read
June 29, 2022
Focus Area—Canadian Economics