When U.S. President Donald Trump announced his plans to block institutional investors like Blackstone and Invitation Homes from buying up single-family homes, he spurred renewed interest from Canadians wondering if giant hedge funds are also buying up homes in this country, contributing to the ongoing housing crisis.
On January 7, Google Trends showed the top search queries in Canada related to Trump were tied to his single-family homes decree and how that related to the Canadian real estate market. The fringe People’s Party of Canada X account claimed “foreign multinationals” were buying up homes in Canada. Popular YouTuber Moose on The Loose posted a video with over 144,000 views claiming corporate ownership of homes has driven up the prices of homes in Canada. NDP housing critic Jenny Kwan alleged that we are witnessing the “financialization of housing” in Canada, calling for a moratorium on corporations purchasing new properties.
But what’s the actual truth? And what’s the current situation in Canada when it comes to investors buying up real estate and contributing to driving up housing costs?



