High debt levels mean rate hikes will take a bite out of budgets
With fewer homes on the market, prices soared almost 20% from last year
Tight supply is driving the increase in housing costs
Prices continued to climb last month
Prices continue to rise in both cities as demand outstrips supply
Canada's political parties want to address the current cost of living crisis
Combination of fewer listings and easing sales activity slows price increases
The pace of starts for multiple-unit housing projects rose, however
The frenzied pace of sales is starting to ease across the country
Sales in Montreal were down 14% from May, while sales in Quebec City were down almost 18%