Canadian Industrial Profile: Real Estate—2019

The Conference Board of Canada, 2 pages, July 9, 2019
Industry Profile
4.3/5 based on 3 reviews
(You must be signed in and entitled to rate this report)
This industry profile provides a five-year forecast for Canada’s real estate industry.

Document Highlights

Interest rates—With the national economy slowing down, no further interest hikes are expected by the Bank of Canada until mid-2020, something that will provide stability to real estate agents and brokers.

First-time homebuyer incentive—As part of its recent budget, the federal government introduced a new measure for first-time homebuyers that will offer eligible households financing for up to 10 per cent of the cost of their home. This should marginally boost demand for real estate services.

E-commerce—E-commerce continues to expand rapidly in Canada, making it necessary to provide denser distribution networks, in particular for last-mile delivery. This is boosting demand for warehouse and storage space.

COVID-19: Get all the insights

Access document

(you will be asked to sign-in)

To see if you are entitled to get this research for free, take a minute and create a free e-Library account. This will let us determine if someone else at your organization has already purchased access to this material.