Many millennials believe they may never be able to afford a home unless they have family that can help them out financially. But baby boomers are also being significantly affected by the rising costs of living.
The last few months of national, provincial and municipal housing stats suggest there is a slump in housing sales. Is this the bursting of the housing bubble? Or is it simply because real estate is expensive?
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.