Canada’s Temporary Resident Surge Needs Better Targeting, Creating Housing Chaos: RBC

Canada turned to millions of temporary residents to solve its coming demographic shift, but will it work? RBC Economics has released a new analysis discussing the country’s recent surge in temporary residents. These temporary residents are providing essential labor, helping to resolve the sudden shortages after pandemic stimulus. However, the programs need better targeting, as […]

Canadian Real Estate Industry Downgrades Home Sales Forecast

Canada’s real estate industry is lowering expectations for the market going forward. The Canadian Real Estate Association (CREA) revised its home sales forecast lower for the remainder of the year. They also see 2024 being slower than previously anticipated, as demand slows without central bank stimulus.  Canada’s Real Estate Industry Revises 2023 Sales Lower Expectations […]