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A new report from Re/Max says housing supply in Canadian cities have seen continuous declines in the last decade and could reach a 'crisis point' if policymakers don't take urgent action to increase inventory.
Prospective homebuyers worry about possible catastrophes
Re/Max Canada president Christopher Alexander talks about the downturn in Canada's residential real estate market. Watch here
While home prices in Greater Sudbury rose dramatically in the past year, the city is still one of the cheapest places to buy in Ontario.
The most affordable housing market in Canada is in and around the Wheat City....