Better Dwelling: Canada’s Economy Has Never Been More Dependent On Real Estate

Canada’s economy just became even more dependent on real estate. Statistics Canada (Stat Can) data shows residential investment soared to a record high in Q3 2020. The rate it’s grown over the past few months has far outpaced the economy. Consequently, residential investment is now the biggest percent of GDP it has ever been. Residential investment is real estate’s direct contribution to GDP. In Canada, it includes construction, renovation, and ownership transfer fees.   READ MORE...


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Mississauga Real Estate Board
3450 Ridgeway Dr #1
Mississauga, ON L5L 0A2, Canada
Phone: 905.608.6732
Fax: 905.608.9988