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Articles on House prices

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A house in Ottawa that sold over the listing price. THE CANADIAN PRESS/Justin Tang

Want to solve the housing crisis? Address super-charged demand

More housing supply doesn’t mean lower prices. If policy-makers want to make homes more affordable, they must tackle developers who drive up prices and consider taxing capital gains on homes.
A four-year-old girl plays house as Liberal Leader Justin Trudeau makes a campaign stop in Mississauga, Ont., where he spoke of his party’s policy on affordable housing. THE CANADIAN PRESS/Sean Kilpatrick

Federal election 2021: More supply won’t solve Canada’s housing affordability crisis

The fact that Canadian house prices have risen far beyond rental rates tells us that it’s due to financial factors alone — not a lack of supply. House prices are asset prices.

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