Why Carney’s housing budget billions won’t fix what’s really broken in Canadian homebuilding

Austin Thompson/Toronto Star: Don’t be fooled by headlines about falling home prices — it’s still a tough time to be a Canadian homebuyer or renter.

The core issue is that too few new homes are being built to meet demand, which spiked even higher in recent years due to record levels of immigration. And homebuilding is trending in the wrong direction…

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