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The Cullen Commission estimated that in 2019 alone, $5.3 Billion of illicit funds was laundered through the Vancouver real estate market, which increased housing prices by 5%. [104] "The Vancouver Model" is a way for Chinese organized crime to launder revenue generated primarily by fentanyl sales through casinos. [105]
The housing market is shaping up for some interesting changes. Although no one has a crystal ball, experts are sharing predictions about what could happen. Read Next: 25 Places To Buy a Home If You...
In July, the housing market had a 4.0-month supply of housing inventory, a 19.8 percent improvement over last year but still below the 5 to 6 months needed for a healthy, balanced market — one ...
In 2024, though, housing market trends broke from their usual seasonal patterns. Activity dipped over the summer, but pent-up demand fueled a fall rebound. By the year’s final quarter, the ...
In the 2021 Census of Population conducted by Statistics Canada, the Edmonton metropolitan region recorded a population of 1,418,118 living in 548,624 of its 589,554 total private dwellings, a change of 7.3% from its 2016 population of 1,321,441.
The Regent Park apartments in Toronto's Cabbagetown neighborhood were intended to be community housing, but they have become dilapidated. The housing continuum includes non-market housing (homelessness, emergency shelters, transitional housing, supportive housing, community and social housing) and market housing (below-market rental/ownership, private rental, and home ownership).