HAMILTON, Ontario (CU)_Although the Canadian housing market has begun reporting a slight slowdown after a boom in property values during the COVID-19 pandemic, surging house prices has turned out to be a central issue in the presidential campaigns leading up to the twentieth-September vote. Outrage regarding the issue of house affordability is mostly directed towards foreign buyers, particularly in cities like Vancouver, where real estate is becoming increasingly popular among non-resident buyers from China and Hong Kong.
In order to address this challenge, Canadian Prime Minister Justin Trudeau vowed to…