Canada’s Five-Year Housing Outlook—February 2025

Canada’s Five-Year Housing Outlook—February 2025

Canadian Economic Analysis Industry Economic Analysis Urban City Economic Analysis
13 min read

Author: Robin Wiebe

$225.00

This quarterly economic forecast presents the medium-term outlook for the Canadian economy. This release focuses on housing. For an overview of all major components of the economy, go to the Canadian Outlook main page.

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Canada’s housing market will perk up this year as falling interest rates and stronger economic growth allow pent-up demand to emerge.

Given that immigration targets are being cut drastically, what will be the impact of slowing population growth on the housing construction market? What are our predictions for resale housing prices in the near and long term? How will the homebuilding sector respond to a slowdown in population growth amid a rise in resale house prices?

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