Owning a single-family home is still the dream for most Canadians interested in purchasing housing during the next five years, a Wahi survey reports, despite an increasing focus on multiresidential living to tackle housing availability and affordability concerns.
Anyone involved in the real estate industry in Canada understands it's a cyclical business, especially after a recession. Understanding these cycles and other factors at play in housing markets, can help you make an informed decision about buying or selling.
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