Canada’s housing market demonstrated surprising resilience in the face of the pandemic with record levels of activity and prices. While the buying frenzy has calmed from extreme levels, the market continues to operate at historically high levels. How the dynamic of increasing demand, constrained supply and government intervention will play out is being closely watched by those in the real estate industry.

On this episode of The Real Pulse, Craig Wright, RBC’s Chief Economist sits down with Nurit Altman to discuss the Canadian housing market and how the supply-demand dynamics facing the sector will play out in the coming months.