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Latest / The Flow: Real Estate and Money Show

Home Ownership Rate CRASHES: The Death of the Canadian Dream

Home ownership in Canada has collapsed from 69.5% to 65.8% in just a decade, with first-time buyers dropping from 40% to only 10% of the market while $83.9 billion in capital fled the country in four months. Despite the Bank of Canada cutting rates to 2.5%, record inventory levels and sophisticated investors running for the exits signal that the traditional path to Canadian home ownership may be permanently broken.

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