Housing Market - CMHC-1

CMHC Housing Forecast

  •  An expected increase in multiple-family housing starts along with a tapering in single-detached home construction.
  • MLS average prices are forcast to increase modestly, as resale market maintains activiy above the 10-year average.
  • Population and employment groth will support demand for new rentals.
  • Employment growth is expected to increase during the next two years.
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CMHC Report

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