February 2020

Immigrants drive Canada’s urban growth as housing costs linked to Toronto, Vancouver, Montreal exodus

Canada became more urban in 2019 as its census metropolitan areas or CMAs grew by close to triple the rate as the rest of the country, with temporary and permanent immigrants accounting for nearly all of the 463,000 people who joined the largest cities. The CMAs grew 1.7 per cent over the 12-month period ending mid-2019, versus 0.6-per-cent growth for the non-CMA population, according to estimates...

A Review of 2019 New Homes Construction in Canada’s 6 Biggest Cities

ear-end city housing starts statistics for 2019 recently became available from Canada Mortgage and Housing Corporation (CMHC). For the six largest cities in Canada, by population, this article will examine how last year’s results compared with other years, previous peaks and long-term averages. It will also look at the singles-versus-multiples mix. Multiple-Unit Starts Now Totally Dominate...

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