What You Need to Know: Canada Increases Future Immigration Targets

In response to the pandemic's suppression of immigration in 2020, Canada's federal government is raising immigration targets to 401,000 in 2021, 411,000 in 2022, and 421,000 in 2023. If achieved, these targets will have implications for both labour markets and housing markets across Canada.

Our rennie intelligence team comprises our in-house demographer, senior economist, and market analysts. Together, they empower individuals, organizations, and institutions with data-driven market insight and analysis. Experts in urban land economics, community planning, shifting demographics, and real estate trends, their strategic research supports a comprehensive advisory service offering and forms the basis of frequent reports and public presentations. Their thoughtful and objective approach truly embodies the core values of rennie.

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intelligence

Buyers were once again a scarce commodity within the Central Okanagan’s housing market in October, with high interest rates both continuing to weigh on demand and yielding an inventory level above the long-term average.

Allison Lafrenier
RENNIE ADVISOR
intelligence

After months of a-seasonal trending, the housing market in the Vancouver Region changed course in June, with both sales counts and new listings declining for the first time this year.

Allison Lafrenier
RENNIE ADVISOR
intelligence

As the weather got warmer in June, home sales and prices in the Vancouver Region cooled following another (somewhat surprising) interest rate hike by the Bank of Canada. Market conditions continue to favour sellers despite total listings increasing for the fifth straight month.

Allison Lafrenier
RENNIE ADVISOR