Mr. Speaker, a February 2022 report by the Barrie and District Association of Realtors indicated that the average selling price of a home in Barrie was over $950,000. This is a 36% increase compared with the same time just one year ago. The report also stated that prices have risen 86% over the past two years in Barrie and the surrounding area. This astronomical increase in home prices has now made home ownership only a dream for most.
Would the Prime Minister please tell Canadians what his government is planning to do to stop this rampant price increase in the housing market and make home ownership a reality again?