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The Canadian housing market is facing significant challenges, primarily due to the growing trade tensions between the U.S. and other nations. These trade disruptions are causing uncertainty and affecting demand for Canadian real estate. As the global economic outlook weakens, Canadian buyers and investors are hesitant to commit to large purchases, particularly in markets like Toronto and Vancouver.
In addition to trade-related pressures, rising interest rates and government regulations are further complicating the housing sector. These factors are leading to decreased housing affordability, making it increasingly difficult for potential homeowners to enter the market. The impact is particularly severe in urban centers, where demand traditionally outpaces supply.
Read the full article on: REAL ESTATE MAGAZINE
