Canada’s Economy Has Never Been More Dependent On Real Estate

Author: External Author | | Categories: First Mortgage , Mortgage Agent , Mortgage Broker , Mortgage Renewal , Real Estate , Reverse Mortgages , Second Mortgage

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Canada’s economy just became even more dependent on real estate. Statistics Canada (Stat Can) data shows residential investment soared to a record high in Q3 2020. The rate it’s grown over the past few months has far outpaced the economy. Consequently, residential investment is now the biggest percent of GDP it has ever been.

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Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/

Article Written By:  Daniel Wong

Original Article Posted on:  

Link to Original Article:  https://betterdwelling.com/canadas-economy-has-never-been-more-dependent-on-real-estate/

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