Millennial age range census11/20/2023 Trying to figure out the right time to buy is a difficult decision that can leave Canadians wondering how long they want to hold out on entering the real estate marke t-or whether they even want to. The housing market has continued to change since Census Day on May 11, 2021, with house prices continuing to rise through February 2022 before tumbling over the spring and summer in the face of interest rate hikes designed to curb inflation. The resulting difference in housing supply and demand, coupled with modified expectations for the future, has led to large changes in home prices. But Canada's housing stock has been built over time through long-term construction trends, shifting housing preferences, population growth and an aging society, housing policy, and investment. The onset of the COVID -19 pandemic led to upheavals in the housing market and housing needs of many Canadians. It also focuses on providing affordable housing for those groups who are in greatest need and outlines commitments made by the government to achieve equitable housing outcomes. The Act establishes the right to a standard of housing that is free from systemic and prejudicial barriers. The passing of the National Housing Strategy Act in 2019 recognized housing as a human right. In Canada, people do not just need a home, they have a right to one. Should I buy or rent? Where should I live? Can I afford my home? These are questions on the minds of many Canadians. Not everyone has a home, and some do not have a home that meets their needs. One's home can also be a source of security, dignity and identity. (period-to-period change) A place to call homeĮveryone needs a place to call home, but home isn't just a roof over your head.
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