register | confirm account | forgot password
Jane Kinsella
The Real Estate Company Ltd.
11, 5080 12A St. SE, Calgary, Alberta
P: 403-874-6143
F: 403-476-5467
Email

Canada needs another 4.5 million homes warns study

[feed]
inShare

A  new study says that we will need another 4.5 million homes over the next three decades. The report from Urban Futures points to population growth and increasing life expectancy and shows a marked departure from the predictions that had historically been reported. The generation that followed the baby boomers was smaller in number, leading to forecasts that there would be a meltdown in the housing market as the boomers vacated their homes. However growing families and strong immigration has changed that. Urban Futures says there have been 2.2 million extra occupied homes since 2000, or around 185,000 per year on average and with a large number of seniors living longer and being able to stay in their homes for longer, this figure is edging higher. The study predicts that 82 per cent of those in homes today will still be alive in 2033 and 73 per cent by 2041. With net migration around 1 million it’s easy to see how the figures stack up..

 



 

 

1 - 1 of 1

Wednesday, March 5, 2014 - Hot Real Estate Market

CALGARY - Prospective Canadian homebuyers are more willing to enter into a bidding war this year for properties they want to purchase, says a new report released Wednesday by BMO. And Calgary?s hot housing market is proving to be a good example of that as nearly 20 per cent of MLS residential sales in the city in February were for above list price. The BMO Home Buying Report said 34 per cent of Canadians are willing to enter a bidding war when it?s time to buy a home, an increase of six points, ... Full Article...

posted in News at Wed, 05 Mar 2014 15:47:48 +0000



1 - 1 of 1
MLS® Search Button
Button advertising your MLS® Search page
Map-based MLS® Search
Recent Blog Entries
Displays summaries of most recent blog items
Recent Blog Entries
New Listing - C4284750 - Feb 10, 2020

Just added this listing:"Lovely Home! Nicely designed spacious and bright 1400+ sq ft 3 bedroom 2 ...

Real Estate - Dec 12, 2014

No crash on the horizon, according to major source   by Justin da Rosa | 12 Dec 2014 Another day, ...

Calgary Condos - Sep 5, 2014

Value drives Calgary Condo Resale market The condo apartment and townhome resale market in Calgary ...

Real Estate - Aug 30, 2014

Home resales to be most active in the West  First posted: Saturday, August 30, 2014 02:00 AM ...

Forecast - Aug 29, 2014

Market Commentary   The more you look into it the bigger the consensus seems to be: interest rates ...

Feature Listings Button
Button advertising your Feature Listings
Feature Listings
This site's content is the responsibility of Jane Kinsella, licensed REALTOR® in the Province of Alberta.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2020, All Rights Reserved | Privacy Policy | Mobile Site | REALTOR® Websites by RealPageMaker