The expected rise in Canada’s population is likely to make the country’s limited housing supply worse – and ultimately lead to even higher home prices, a report by Zoocasa forecasted.
The influx of immigration to Canada, alongside internal population growth and a shortage of housing, will drive shelter costs up, the report released on Wednesday said.
“The more people who live in Canada, the more homes are needed, which will exacerbate the already limited supply of homes,” it stated.
