Canadian Real Estate: Effects of Sprawl on Climate and Housing

Rising housing costs and low supply will continue to drive people out of metropolitan areas. While urban sprawl may seem like the answer to the crisis plaguing the Canadian real estate market, suburbs and small towns will likely face other challenges due to the influx of newcomers. RE/MAX Canada explores solutions through the concept of the 15-Minute Neighbourhood in its latest report. We agree that Canada needs to invest in building a lot more homes in the next decade, but it must be the right kind of housing within the context of the wider neighbourhood.