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Why Are Houses So Expensive In Canada?

Why Are Houses So Expensive In Canada?

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When looking at it from a bird's eye view, one would often wonder why are houses so expensive in Canada. This probably wouldn't be the case if there wasn't a higher demand for houses than there are for supply, and it turns out that that is exactly the case. Other reasons why this may be the case include immigration, low-interest rates, and an incline of foreign currency coming into Canada, among many others that we'll get to in this article.