Which Province Is The Best Investment For 2024

The Canadian Real Estate Investor · Oct 24, 2023 · 48m

We look at a report from the Fraser Institute - Canada’s Growing Housing Gap Comparing Population Growth and Housing Completions in Canada, 1972–2022

Nationally, Canada has yet to build more homes annually than it did during the 1970s. This is also the case in 9 out of 10 provinces.

Throughout most of this period, Canada’s population grew by one to three people for every housing unit completed the previous year.

In 2022, population grew by 4.7 people for every unit completed the previous year—higher than at any other time. - thats the national level

Among the provinces, this ratio ranges from…