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FAQ: Understanding Canada's Urban Housing Shift and Michelle Kam's Call for Better Education
TL;DR
Real estate broker Michelle Kam's insights on urban housing trends can give buyers an edge by focusing on lifestyle priorities over traditional metrics in dense markets.
Michelle Kam advocates for consumer education on condo fees, pre-construction timelines, and municipal planning to navigate Canada's shift toward high-density urban housing effectively.
Kam's push for housing education helps people make confident long-term decisions, fostering stable communities and better quality of life in growing cities.
A client cared more about dog policies than kitchen size, revealing how housing priorities are shifting toward lifestyle and community in urban living.
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Michelle Kam is raising awareness about the need for better consumer education and support as Canada shifts toward dense urban living, with condos, lofts, and townhomes dominating new construction in major cities.
This shift is driven by population growth, immigration, and limited land supply in major urban centers, with high-density housing increasing by more than 30% over the past decade.
Michelle Kam is a real estate broker and industry leader with experience across high-end resale, urban housing, pre-construction, and brokerage leadership, having run her own brokerage for more than a decade.
Kam identifies that buyers feel unprepared when entering the condo or pre-construction market, often feeling embarrassed about not understanding condo fees or floor plans, and that pre-construction delays affect thousands of buyers each year.
This shift is most evident in major Canadian cities like Toronto, where more than 70% of new homes built are condos, and urban areas are expected to grow by more than 500,000 residents by 2030.
Housing is no longer just about space—it's about lifestyle, community, and access, with people prioritizing factors like whether buildings allow dogs over traditional concerns like kitchen size.
Kam advocates for more accessible housing resources, better municipal communication about urban development, stronger buyer literacy around fees and timelines, and normalizing education for every level of buyer.
Condo fees in major Canadian cities have risen by over 10% in the last two years, and pre-construction delays affect thousands of buyers each year, highlighting affordability and transparency concerns.
Kam focuses on providing clear, grounded information that helps buyers picture their life in a home that isn't built yet, such as describing how morning sun would hit a balcony to make everything feel real.
Kam tells new agents to 'stay curious' because the market will change, clients will change, and their role is to adapt and provide informed guidance.
Curated from 24-7 Press Release
