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Housing inventory may reach crisis point in major Canadian centres, report finds

By Dale Oviatt posted 09-14-2022 12:36 PM

  

Chronic housing shortages in large urban centres have resulted in 'mini boom and bust cycles'

Homes under construction in a development in Langford, B.C. PHOTO BY JAMES MACDONALD/BLOOMBERG FILES

Inventory levels in major Canadian housing markets have been dwindling over the past decade, with active listings in July running below the 10-year average in most cases, according to a report released Monday by Re/Max Canada.

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