CDREB August 2021 Housing Market Update

• Premier Doug Ford apologizes for Greenbelt removals, promises to re-protect land
• Ontario post-secondary graduates delaying homeownership due to student debt, OREA report finds
• The removal of GST will have an ‘immediate’ impact on rental builds
• OREA CEO TIM HUDAK STATEMENT ON CONSERVATIVE PARTY OF CANADA HOUSING PLAN
• July Home Sales Activity Continues to Show Signs of Stabilization

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