Tag: CMHC housing targets
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Home Prices Projected to Rise 63% by 2035: Why Canada Must Build 32,000 More Homes a Year
A 63% price jump in just over a decade? That’s the reality we’re staring down- unless we act fast. According to recent projections, Canadian home prices are on track to increase by 63% between 2024 and 2035, which breaks down to an average annual growth rate of 5%. To put that in perspective, that’s more…
Canada Housing Market 