Lack of Immigration will push housing prices down

According to a article on the HuffPost, even after COVID-19 housing sales will remain flat and even fall due to the lack of Immigration to Canada.

According to Stephen Brown a economist at U.K.-based Capital Economics says Canada is “...extremely reliant on immigration”.

Demand is set to fall, and stay down “for years” because the country can expect a decline in immigration levels.

Read the full article here

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