The federal government is already enacting a two-year ban on foreign investors by Jan. 1
Tax proposals such as the FHSA unlikely to address affordability issues, experts say
Multi-unit urban starts up 16%, single-detached urban stays flat
Canada among economies most at risk from housing market weakness
Housing affordability will not improve due to rising interest rates
Average sales growth forecast to fall 16%
Canada's wealth gap is increasingly a real estate gap, TD report explains
Yet clients will need guidance in the medium term due to real estate-driven volatility and affordability pressures
Winnipeg, Toronto and Vancouver are expected to see the largest declines
New homes increasingly likely to be rented