Widening Disparity in Canada's Housing Market

The video discusses the growing disparity in real estate prices across Canada, highlighting the booming markets in Vancouver and Toronto compared to other cities. It explores the role of foreign investment, particularly from China, in driving up prices, especially in newer buildings. The video also questions the reliability of data on foreign ownership, suggesting that actual foreign investment might be higher than reported.

What are the implications of the real estate market trends discussed in the report for first-time homebuyers?

What challenges exist in accurately assessing the impact of foreign investment in Canadian real estate?