Author of the article: Nicole McKnight
Publishing date: Apr 25, 2021 • 3 hours ago • 2 minute read • Housing starts are at an all-time high, meaning supply will eventually catch up to demand, says one expert. SUPPLIED
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Experts weigh in on whether it’s a speculative bubble or pandemic trend
Many experts are astounded at the prices of recent sales in some of Canada’s major markets. Media stories about bidding wars and homes selling as soon as they hit the market for hundreds of thousands over asking are everywhere. Such a frothy market has experts wondering if the bubble will burst and put Canada’s economic recovery at risk.