Housing prices in Canadian cities like Toronto and Vancouver have skyrocketed in the last few years, putting home ownership out of reach for many and causing experts to warn about a possible bubble. During a recent appearance on Knowledge at Wharton’s SiriusXM show, Wharton real estate professor Benjamin Keys and Cynthia Holmes, chair of the real estate management department at Ryerson University in Toronto, discussed the market and where it might be headed next.
Additional coverage:
Must Government Remain a Backstop for Fannie and Freddie?
A New Chance for Housing Finance Reform
How Builders Are Catering to Multigenerational Households
The Knowledge at Wharton SiriusXM show airs Monday through Friday, 10 a.m. – 12 p.m. EST, on Wharton Business Radio on SiriusXM channel 111.