Housing Is Where Canada’s Heart Is

Summary of the publication

Housing has dominated economic discourse in Canada for years. Whether on the trading floors of Bay Street or with the neighbour down the street, rising home prices and the broader flurry of housing market activity are front of mind for Canadians. And now that central banks around the world are aggressively tightening monetary policy to rein in decades-high inflation (including the Fed just this week), the national fixation on housing continues unabated.