Housing Eyes Near-Term Uncertainty
Canadian residential markets continue to feel the impact of Canada’s economic and demographic struggles while facing pressure from a difficult international economic outlook, ongoing consumer stress, poor demographics, oversupplied new home markets, and worried homebuilders
In light of these challenges, what is in store for Canada’s housing market over the outlook period? How significant is the impact of current demographics on employment growth and the labour market generally, and in what ways does this affect growth potential in the housing market? Has affordability improved? How will inflation, mortgage arrears, and high unsold residential inventories factor in?
Read the online experience to get our full analysis.
