Charts show how Canada’s housing market is shifting
The Globe and Mail’s latest housing market analysis highlights clear signs of cooling in several major cities, with sales volumes down and listings up across much of the country. While prices remain elevated, growth has slowed sharply compared with the previous year. The report’s charts show that higher borrowing costs are weighing on demand, particularly in Ontario and British Columbia, while Atlantic Canada markets such as Halifax remain more stable due to sustained in-migration and limited new supply. For rental housing providers, the data reinforce a continued shift from ownership to long-term renting as affordability pressures persist.
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