Canadian liberal leader Justin Trudeau has proposed a new slate of measures aimed at helping Canadians buy a home during the post-Covid fueled housing boom that has priced many out of the market.

"We need to put an end to speculative housing growth," Trudeau warned this morning.

Trudeau said Canada's real estate market has fallen victim to "instability" and "uncertainty" which have led to "soaring prices, bidding wars, rampant speculation and too many vacant properties," according to CBC. 

Stop us if you've heard this one before: the liberal leader said it's a situation that "demands government intervention" to help people afford homes.  

Trudeau's plan is going to include billions in new funding and measures to try and stop "flipping" homes. Such measures will including trying to block foreign nationals from buying homes for two years and new regulations to slow "exploitative" real estate agents. 

We're sure the real estate industry will be thrilled to hear about the changes.