Trapped in their starter homes: Canada has a second-time homebuyer problem

Governments across Canada are prioritizing assistance for first-time homebuyers while overlooking financing and affordability hurdles faced by second-time buyers. This policy gap could constrain resale market turnover, reduce housing supply for moving households, and exacerbate affordability and inventory pressures in the broader housing market.

Analysis

Governments across Canada are prioritizing assistance for first-time homebuyers while overlooking financing and affordability hurdles faced by second-time buyers. This policy gap could constrain resale market turnover, reduce housing supply for moving households, and exacerbate affordability and inventory pressures in the broader housing market.