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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Changing household compositions, such as the increase in one-person and roommate households, and the rise in older adult children living with their parents, will have implications for our housing stock.

Janette Fricker
RENNIE ADVISOR
intelligence

June was characterized by below-average sales activity and a continued expansion of inventory, which in turn yielded marginal price declines both north and south of the Fraser River.SalesMLS sales in the Vancouver region slowed to 3,683 in June, which was down by 13% from May, again exceeding the t…

Janette Fricker
RENNIE ADVISOR
intelligence

Here are the latest Benchmark Price Infographics for the areas of the Vancouver Region.Greater Vancouver Board AreaBurnaby EastBurnaby NorthBurnaby SouthCoquitlamNorth VancouverRichmondVancouver EastVancouver WestWest VancouverNew WestminsterSquamishTsawwassenPort CoquitlamPort MoodyFraser Valley B…

Janette Fricker
RENNIE ADVISOR