Economic Upheaval Poses Threats to Housing Market
Uncertainty emanating from the U.S. capital, including a trade war that could boost housing costs and threaten the employment consumers require to afford a dwelling, adds to the myriad challenges policymakers and homebuilders confront. Will tariff threats from the U.S. cause policymakers to lose their focus on Canada’s nation-wide housing shortage? Will lower immigration targets be sufficient to ease pressure on housing supply and prices? Will residential investment meet demand but also be sufficient to cool housing prices and improve affordability?
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