Real estate broker and industry leader Michelle Kam is raising awareness about the growing need for better consumer education and support as Canada continues shifting toward dense, urban living. With condos, lofts, and townhomes dominating new construction in major cities, Kam is urging stakeholders to better understand how these changes affect long-term housing stability and affordability.
Kam, who has worked across high-end resale, urban housing, pre-construction, and brokerage leadership, states that the way Canadians live has transformed faster than public understanding of the market. More than 70% of new homes built in Toronto are condos, according to municipal data, while across Canada, high-density housing has increased by more than 30% over the past decade. This shift is driven by population growth, immigration, and limited land supply in major urban centers.
Kam believes this represents a social and economic reality requiring more transparency and education. She notes that housing priorities are changing, with lifestyle, community, and access becoming as important as physical space. Many buyers feel unprepared when entering the condo or pre-construction market, often hesitating to ask basic questions about condo fees or floor plans. Kam advocates for normalizing education at every buyer level.
Her experience selling pre-construction units reinforced her view that education protects consumers in fast-moving markets. She emphasizes providing clear, grounded information that helps people make confident choices for the long term. Kam is now calling for more accessible housing resources, better municipal communication about urban development, and stronger buyer literacy regarding fees, timelines, and expectations.
The urgency of this issue is underscored by several factors. Urban areas like Toronto are expected to grow by more than 500,000 residents by 2030, increasing demand for dense housing. Condo fees in major Canadian cities have risen by over 10% in the last two years, raising affordability and transparency concerns. Additionally, pre-construction delays affect thousands of buyers annually, highlighting the need for clearer communication and realistic expectations.
Kam encourages Canadians to take practical steps: learn the basics of condo fees and building rules, visit neighborhoods at different times, ask questions early about pre-construction timelines, focus on lifestyle fit rather than just square footage, and stay informed about local development plans. For those seeking more information, the full interview is available at https://24-7pressrelease.com.
Ultimately, Kam stresses that understanding the evolving housing market enables better decision-making. As urban density increases and housing patterns shift, proactive education and support will be crucial for ensuring housing remains accessible, transparent, and aligned with Canadians' changing needs and priorities.
