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Canada’s housing market is facing record-low affordability, and Re/Max’s latest Report turns the cause of the problem into its solution: Borrow More Money. The report repeats outdated supply data, ignores how cheap credit fuelled the boom, and turns a housing crisis into a sales pitch. #canadianhousingmarket #canadarealestate #remax Links: Posthaste: No generation in 30 years has faced a bigger challenge to buy a home, say brokers: https://financialpost.com/news/homebu... Housing Market Drivers Report - Population growth and policy levers drive triple-digit price gains from 1994-2024: https://blog.remax.ca/housing-market-... Owning a home in Canada is the most affordable it’s been in three years: https://www.rbc.com/en/thought-leader... Population growth and policy shifts fuel 30-year surge in Canadian home prices: https://www.mpamag.com/ca/mortgage-in... Homeownership continues to be greatest driver of wealth, new report highlights: https://www.wealthprofessional.ca/inv... Estimating the Structural Housing Shortage in Canada: Are We 100 Thousand or Nearly 2 Million Units Short?: https://www.scotiabank.com/ca/en/abou... The Second-Largest Country in the World is Running Out of Land: https://www.bloomberg.com/news/articl... BMO chief economist denies Canada’s housing supply ‘myth’: https://www.theglobeandmail.com/inves... Making Housing More Affordable: https://www.budget.canada.ca/2022/rep... Canada's Housing Supply to Prevent a Crash?: • Canada's Housing Supply to Prevent a Crash? Interest Rates: Immediate Rates ( 24 Hours): Prime Rates: Total for Canada: https://fred.stlouisfed.org/series/IR... Real Residential Property Prices for Canada (QCAR628BIS): https://fred.stlouisfed.org/series/QC... Bank of Canada: Mortgage stress tests helped prevent spike in delinquencies: https://www.mpamag.com/ca/news/genera... Bias in Canada's Real Estate Reporting? Financial Post Closeup: • Bias in Canada's Real Estate Reporting? Fi... Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) [email protected] Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel: / markmitchellmortgagebrokerlondonontario Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - / mortgagebrokerlondonontario Facebook - / londonontariomortgages Twitter - / londonmortgage1 LinkedIn - / mark-mitchell-london-s-mortgage-broker-197... TikTok - https://www.tiktok.com/@mortgagebroke... Commentary on this Channel should not be considered financial advice