Here is a brief look at the housing market for Canada

1. What is going on with
Housing – Canada
PAUL YOUNG CPA CGA
JULY 15, 2020

2. Paul Young - Bio
• CPA, CGA (1996)
• Financial Solutions (FOPM/FPM)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Advance Technology
• SME – Supply Chain Management
• SME – Business Strategy and
Restructuring
Contact information:
Paul_Young_CGA@Hotmail.com

3. Agenda
 Average Housing Prices
 IMF Housing Pricing
 Price to Income Ratio / Housing
 Housing by major market – Canada
 Existing Housing Sales
 Listing/Inventory
 Top 25 / Markets
 Sales / Change
 Housing Affordability
 Urban Planning
 Summary
 Training / Development

4. Housing - Stats

5. IMF / Housing
Prices
Source -
https://www.imf.org/external
/research/housing/

6. Housing – Resale – Canada
Source – Scotiabank - https://www.scotiabank.com/ca/en/about/economics/economics-publications/post.other-publications.housing.housing-news-
flash.housing-news-flash--july-15--2020-.html

7. Existing
Housing Sales
Source – BMO Economics

8. Inventory/Listing
Source - ScotiaBank

9. Price to Income
Ratio
Source -
https://www.munknee.com/
which-country-has-the-
highest-house-price-to-
income-ratio/

10. Top 25
Markets
SOURCE – SCOTIABANK

11. Housing Affordability
Source - https://www.vice.com/en_ca/article/z3by54/canadas-new-rules-for-how-to-
get-a-mortgage-could-make-homes-more-expensive

12. Housing Affordability
Source – National Bank of Canada

13. Urban Planning
 The problem from the get-go has been with proper urban planning including rural vs urban strategy!
 It is time for all levels government to look at innovator solutions when it comes to building affordable
housing
 https://www.slideshare.net/paulyoungcga/urban-and-rural-planning-whats-next
 Building codes need to revamp to deal with 3-D housing -
https://www.forbes.com/sites/pikeresearch/2019/11/20/3d-printed-homes-quietly-gain-
traction/#74899cc763bd
 All levels government need to look at proper land management -
https://www.slideshare.net/paulyoungcga/why-do-politicians-play-games-with-the-environment

14. Bottomline
 More work is required to address issues like affordability
 Impact of COVID has yet to work its way through the housing market
 All levels of government and private sector need to explore other options when it comes to building of
affordable housing.
 3-D building of housing needs to be embraced - https://www.slideshare.net/paulyoungcga/technology-
whats-next-for-canada
 More emphasis on the skill trades - https://www.slideshare.net/paulyoungcga/how-does-canada-fix-the-
skill-gaps
 More support of the lumber sector including tax reforms, regulations reduction, etc.
https://www.slideshare.net/paulyoungcga/canada-needs-a-natural-resources-development-and-export-
strategy

15. Training and Development
 If you like to learn more
about trade and/or other
subjects as part of your
professional learning and
development then feel free
to review my material on
https://www.udemy.com/
(search Paul Young CPA
CGA)
 These subjects address
how to fixed issues with
housing and/or systemic
issues related to economy
including government
policies