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 is the main reason for the disparity in real estate prices across Canada?

• Economic growth in all cities

• Stable prices in Halifax and Calgary

• Increased demand in Toronto and Vancouver

• Decrease in foreign investment

Which city has more foreign investors in the new condo space according to the report?

• Toronto

• Halifax

• Vancouver

• Montreal

What type of buildings do foreign investors prefer?

• Buildings built before 2000

• Commercial buildings

• Newer buildings built after 2010

• Older buildings

What is a potential issue with the data on foreign investment?

• It is collected from unreliable sources

• It may not account for all foreign investments

• It only includes data from Vancouver

• It is based on outdated information

How do some foreign investors potentially avoid detection in the data?

• By purchasing properties in rural areas

• By using local addresses for registration

• By investing through Canadian citizens

• By investing in commercial properties