This week on Down to Business, Murtaza Haider, a professor of real estate management at Toronto Metropolitan University, explains why he thinks housing prices in Canada will return to their space-ward trajectory.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
But as hybrid work arrangements take a more permanent shape, and companies reconsider their commercial office space, things could change. But that remains several years away at best. As always the interview is edited for clarity and brevity.
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Canada's home sales and prices are falling. Has something changed in the housing market?ICYMI: This week on DowntoBusiness, Murtaza Haider, a professor of real estate management at Toronto Metropolitan University, explains why he thinks housing prices in Canada will return to their space-ward trajectory. — via financialpost podcast financialpost simple, The government allowed foreigners to own land here, so they jack the prices up with bidding wars, and we cannot afford our own land, and as long as foreigners can own land here, the prices will continue to be out of Canadian's reach.... financialpost just keep on pumping real estate! financialpost Lack of supply and immigration will be huge factors - any rate hike pause/pivot will bring back buyers
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