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The “Canada Real Estate Services Market – Growth, Trends, COVID-19 Impact, and Forecasts (2022 – 2027)” report has been added to ResearchAndMarkets.com’s offering.
The Canadian real estate services market is estimated to register a CAGR of approximately 2.5% during the forecast period.
A boost in the demand for mortgages, amid historically low levels of interest rates during much of the period, has boosted the demand for real estate.
Developers and investors have been working on increasing rental supply, to offset the demand that is brought on by more stringent mortgage qualification rules and the country’s growing population over the past two years, resulting in a decrease in mortgage credit.
By the end of Q3 2019, it was reported that nearly 72,000 rental units were under construction in Canada, the highest rate in more than 30 years. The annual growth rate of 21%, during the third quarter of 2019, was the highest since Q2 2016.
Ontario and Quebec hold the largest shares in the country’s facility management market. Growing infrastructure-based developments, increasing demand for sustainable facility management solutions, and rising technology integration are some of the other factors that can aid the facility management market in the country.
After a period of stability, 2018 witnessed more than a 16% drop in the number and value of residential appraisals. Commercial …
Full story available on Benzinga.com
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