Canadian cities such as Vancouver and Toronto are not alone in experiencing a crisis in affordable housing. It’s an issue that is explored in a new documentary, PUSH, by award-winning Swedish director Fredrik Gertten.
“I’m a supporter of inclusionary zoning, and I think we need more of it, but supply is not the root cause and inclusionary zoning is not a complete solution,” said CBRE Canada executive vice chairman Paul Morassutti.
Fifty-two per cent of single Canadians said economic uncertainty and expensive home prices are the biggest factors in their decision not to purchase a home, according to a recent Re/Max survey conducted by Leger.
Real estate affordability and land supply are the No. 1 concern of developers, lenders and other real estate industry people interviewed for a new report by PwC Canada and the Urban Land Institute (ULI).
REM (Real Estate Magazine) is Canada’s premier monthly magazine for real estate professionals. REALTORS®, real estate agents, sales representatives, brokers, owners, administrators, and other real estate industry stakeholders read REM every month for news, analysis, and commentary on Canadian real estate.
REM is independently owned and operated, and is not affiliated with any real estate association or board.