AGP Executive Report
Last update: 10 hours agoHousing Policy: Building and development leaders, joined by major Canadian banks, urged Ottawa to build a more resilient housing market by attracting long-term investment, managing credit risks, setting predictable immigration policy and improving housing data. New-Build Demand: The federal budget proposes exempting new homes from the foreign-buyer ban, a move that could support preconstruction sales as condo demand weakens. Homelessness: Ottawa’s 10-year plan promises major investment to tackle homelessness, but housing advocates say more detail is needed on how it will translate into homes and support. Market Split: Edmonton luxury-home sales rose 16% from a year earlier, with sales above $3 million up 36%; Montreal home sales fell 18% in October even as prices edged higher.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.