By: Financial Post

Immigrant fuelled demand is helping to power Canadas housing market


Newcomers to Canada account for more than a fifth of the housing market, helping boost real estate in Ontario, Quebec and B.C., according to a new survey. Immigrants buy 21 per cent of houses and may purchase 680,000 homes during the next five years if migration levels are maintained, the poll commissioned by Royal LePage shows. “In addition to supporting Canada’s economic growth, ne...Read More