The Canadian housing market refers to the buying, selling, and renting of residential properties across Canada. It is influenced by various factors, including interest rates, economic conditions, and population growth. Major cities like Toronto and Vancouver often experience higher demand and prices compared to rural areas. In recent years, the Canadian housing market has seen significant price increases, leading to concerns about affordability for many residents. Government policies, such as taxes on foreign buyers and incentives for first-time homebuyers, aim to address these challenges and stabilize the market.