Tariffs and the spring housing market – hard on boomers, helpful for young buyers

by Rob Carrick

Oakville1

With a trade war at hand, housing affordability seems like a lower-tier economic problem.

But the high cost of housing relative to income grinds away on aspiring young buyers, tariffs or no tariffs. A generation is starting to lose faith in Canada as a place to live and prosper.

The latest RBC Housing Affordability bulletin said that although trends are heading in a positive direction across the country, affording a home remains a stretch for average Canadians.

Grace Cabral
Grace Cabral

REALTOR® | License ID: 9541137

+1(416) 278-2809 | grace@gracecabral.com

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