Canada’s federal government’s mortgage
和住房公司Canada Mortgage and Housing Corp表示
and housing company Canada Mortgage and Housing Corp
said that the Canadian real estate market
will continue to pick up in the next two years.
The Canadian Housing and Housing Corporation
said in its annual market outlook report that
the number of housing starts in Canada
fell to 200,000 units in the next two years
after falling for two consecutive years
this year and this year.
Benefiting from the increase in disposable income after taxation in Canada,
Canadian housing sales
should also break the decline since 2016.
The average house price in Canada
will not only rise in 2020 and 2021,
but will also exceed the average house price
during the peak of the 2017 real estate market.
However, Canadian mortgage and housing companies have also pointed out
out the risks facing the Canadian real estate market.
The main risks are the trade war
and the high debt ratio of Canadian households,
followed by the possible rise in bank interest rates
and rising unemployment.