Target storesNew and Old - Research Paper Example

The government of Canada has received various sanctions and warnings about their very expensive price quotations of the houses in the region. The real estate industry has been affected by the various price inflations and rises with the main aim of boosting the economy of Canada. The real estate industry in Canada has been investing in the building of various condominiums in different parts of the country. Majority of the people in Canada have been investing in the different kinds of real estate available due to various reasons.

Majority of the property buyers find cumbersome to buy land, assemble materials, look for a master house plan and then come up with the houses that they desire (Fu et al, 2014). Canada is composed of individuals who are very busy in their lives to find time for such activities. Moreover, the whole process is time consuming and expensive. Therefore, majority of the property of the people in Canada are resorting to the purchase of various condominiums, studio apartments and other forms of housing that fit their lifestyles, careers and plans.

The housing market of Canada has various ranges of houses that suit a broad market of buyers. The question therefore remains, is the housing market in Canada stable and is I worth investing in it? The rate of building of the standalone unites has been estimated at 183604 units in the month of October as opposed to the previous month which had amounted to 197355units built. Majority of the property evaluators had estimated the rate of building the various real estate properties to be at 200000 units per month (Pierdzioch et al, 2012).

The decrease for units built in the month of October had influenced the rising trend in the construction witnessed in the previous six months. There was a noticeable increment in the number of housing units built in September. The statistics had put the number at 197763 units as opposed to the