Housing policy in Canada swings between stimulus and restraint, and each swing changes buyer behaviour faster than it changes supply. The result is a market that reacts to announcements more than fundamentals.
Why predictability matters
- Builders plan multi-year projects; policy that shifts annually raises their risk premium.
- Buyers time purchases around incentives instead of their own finances.
- Lenders price uncertainty into every product.
The least exciting policy — stable rules, applied consistently — is usually the one that lets supply catch up. Boring is a feature.
Source: Statistics Canada
