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Canada is a nation heavily dependent on the real estate industry which accounted for roughly 14% of its GDP in 2020 [126] and over 20% in 2023. [127] There is a high risk that if investor sentiment changes, buyer demand may drop significantly, triggering a vicious cycle of prices declines that snowball . [ 128 ]
The high demand for homes is still being driven by people moving into the region from South Florida and out of state, which continues to put pressure on the limited inventory.
Real estate economists analyze supply, demand, and pricing in real estate. Real estate economics is the application of economic techniques to real estate markets.It aims to describe and predict economic patterns of supply and demand.
The Canadian Real Estate Association (CREA; French: L'Association Canadienne de l'Immeuble, ACI) is a trade association that represents real estate brokers, agents, and salespeople in Canada. [2] CREA's membership includes over 130,000 individuals, working through 90 real estate boards and associations across Canada. [2]
From AI to cooling job demand, 5 labor trends shaping the 2024 HR outlook. ... Indeed’s Hiring Lab released its 2024 jobs and hiring trends report this morning, examining changes in job postings ...
While having a college degree might fast-track you to getting a high-paying job, this is not always the case. As the Bureau of Labor Statistics predicts, between 2020 and 2030, 60% of new jobs in ...