Canada’s sky-high housing prices are crushing buyers

Home prices in Canada rose 50% in 2021, far outpacing housing costs in the US. Canada’s population is growing faster than most other industrialized nations, but many living there will never be able to become homeowners. Politicians are worried and are trying to hit the brakes, including banning foreigners from buying property for the next two years. But will it be enough?

Help keep The World going strong!

The article you just read is free because dedicated readers and listeners like you chose to support our nonprofit newsroom. Our team works tirelessly to ensure you hear the latest in international, human-centered reporting every weekday. But our work would not be possible without you. We need your help.

Make a gift today to help us reach our $25,000 goal and keep The World going strong. Every gift will get us one step closer.