Housing Market in Crisis: Investors Gobble Up Homes in Nova Scotia, New Brunswick, and British Columbia

Latest Statistics Canada Report Exposes How Investors and Lobbyists Exploited BC’s Housing Market, Leaving Canadian Families Behind

December 4, 2024 – Canada’s housing crisis is a national disgrace. Over the span of just three years, more than 62,000 homes in British Columbia—more than one in four sold—were snapped up by investors. Not families, not first-time buyers, but speculators and corporations treating housing as just another asset class. The Bank of Canada has finally admitt…