Real Estate News Exchange: Housing affordability requires attention to both supply and demand

Housing price increases over the past few years severely eroded housing affordability and galvanized national attention. Pundits and politicians have unveiled a wide array of remedial proposals, some of which are becoming policy. It is essential to remember that, in any market, prices are determined by both supply and demand. This means that while Canada certainly needs more homes, attention must be paid to demand-side questions like who is buying them, how purchasers are paying for them and what buyers are doing with them.

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Mississauga Real Estate Board
3450 Ridgeway Dr #1
Mississauga, ON L5L 0A2, Canada
Phone: 905.608.6732
Fax: 905.608.9988