Why Analysts See No Quick End to the Toronto & Vancouver Housing Booms

Sunday Dec 13th, 2015

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WHY ANALYSTS SEE NO QUICK END TO THE HOUSING BOOMS In Toronto and Vancouver "Job creation has actually been quite strong in Toronto and Vancouver in recent quarters when compared to the national average," chief economist Stefane Marion said. "Large inflows of permanent immigrants (about 240,000 in the past year) coupled with the misfortune of commodity-producing regions have redirected inter and intra-provincial population migration flows towards Toronto and... [read more]

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