Ottawa, ON Matt Jeneroux, Conservative Shadow Minister for Housing and Diversity and Inclusion, Dan Albas, Conservative Associate Shadow Minister of Finance and Housing Inflation, and Luc Berthold, Deputy Leader of the Official Opposition and Québec Political Lieutenant, today released the following statement in response to statistics released by the Canadian Real Estate Association:

“The dream of homeownership continues to remain a dream for most Canadians.

“Today’s latest figures from the Canadian Real Estate Association show that the average price of a home remains out of reach for most Canadians, reaching $866,700, skyrocketing by 23.7 per cent in just the last year.

“The Liberal government has had six years to fix the issue of housing affordability and have failed to develop a plan that works. Month after month, we continue to see a decrease in available properties on the market. Rather than addressing the supply shortages that continue to drive the unaffordability crisis, the Liberals continue to push programs that won’t help a Canadian family afford a home who otherwise couldn’t and continue down the failing path of the First-time Home Buyer’s Incentive and the Shared Mortgage fund.

“As more and more Canadians continue to abandon the dream of home ownership, the Liberals need to prioritize supply, and put Canadians and families first – not speculators.

“Conservatives will continue to be the voice of families and young people across Canada who are giving up on the dream of home ownership or are struggling to afford skyrocketing rent. We will continue to fight for families and young people across the country to keep the dream of homeownership alive.”