Population growth in Canada

Population growth in Canada has been ramping up quickly. ⁠
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We already see the effects of more demand in the rental market - population growth is definitely a part of this. While the huge interest rate hikes we've seen this year dampened buyer demand (and will likely continue into 2023), I see this population growth really competing with housing supply in the long term. When that happens is unknown. ⁠
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There are so many factors that fall into what will happen to the real estate market in 2023. If you have any questions or want to discuss it, reach out. I'm always happy to help.