Slow month for Canadian home sales in May 2024

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Published 2024-06-17
Senior economist with the Canadian Centre for Policy Alternatives David Macdonald discusses the housing market slowing down in May.

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All Comments (18)
  • @jaytrivedi7489
    Cuz nobody can afford these 1.5-2 millionn homes anymore…
  • @peej91
    Thanks to all the investors who built these condos. Governments gonna take em now 😊
  • @acepath3001
    Do not use real estate agents. Sellers do not want to pay the 66% tax
  • @Jancan20
    What's wrong with housing trading like home not a commodity
  • @sarahsophia4070
    In BC, it is easier to find a place to BUY than to RENT. And yet no one can afford to buy a home for 800K+. My friends bought their home for 500K in 2019 and it is now on the market for 970K.
  • @davidharrow9025
    I never thought I wouldnt be able to buy property...ouch. I can't stay in Toronto long term. My salary is 95k, 100k down payment but no hope of buying anything other than an old condo with high maintenance fees. Its best to move out of the big cities unless you're earning an annual income of 200k.
  • @Dot-he2ke
    Can't buy a home when most jobs are part time hours and low wages. As some get shipped in and govrenment pays half their wages like walmart. Shipped home every six months because of visa limit.
  • I'm sooo proud to be a Canadian!!! 👳🏾‍♂️🇮🇳🕌🏳️‍🌈🧕🏾
  • @user-uz1si3fu1i
    Congrats on the Housing construction project in Canada 🇨🇦
  • @UkrainianToons
    Greetings my Canadian friends why dont Justin Trudeau build more housing you have land. Maybe all the Ukraine refugees can help out with that
  • @hchalz
    The best way to revitalize Canadian housing is to double development fees each year. When Canadians know, it will cost them 30-40% more each year to get a new house, everyone will act like lighting to grab a house.