Housing Market Uptick Spurs Better Economic Growth, But Slowdown Still To Come

📆 27-07-2023 02:30:00
📰 storeyspub

⏱ Reading Time:
23 sec. here
2 min. at publisher
📊 Quality Score:
News: 13%
Publisher: 74%

इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

Following an unexpectedly frenzied spring housing market, some provinces will be spared from the impending economic slowdown. At least, for now. DesjardinsGroup | realestate realestatenews housingmarket economy

. But in Ontario and British Columbia — where affordability is already stretched — the “robustness of gains…has been striking.”

Meanwhile, the less severe market downturn seen in Quebec over the last several years has been followed by a similarly less pronounced bounce back, leading Desormeaux and Bégin to believe the province will experience more modest real GDP growth of 0.4% this year. Ontario and BC have welcomed a record number of non-permanent residents, but if the economy slows, then the number of temporary foreign workers admitted to Canada could fall.

टिप्पणी लिखें

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Calgary's hot housing market spurs expansion of home search app beyond Toronto, VancouverRising home prices, low supply and high demand complete with bidding wars made Calgary a natural choice for HomeSigma\u0027s expansion. Read on.
स्रोत: nationalpost - 🏆 10. / 80 और पढो »

'Torrid' housing market rebound to boost growth in Ontario, B.C, economists sayOntario and B.C. growth rates will get a lift from housing rebounds, but a downturn is likely still coming, say economists. Read more
स्रोत: nationalpost - 🏆 10. / 80 और पढो »