The gross income of imputed rents for owner-occupied dwellings in Canada is projected to grow over the coming years, with values indicated as 178.62 billion CAD in 2024, reaching 201.3 billion CAD by 2028. This suggests a consistent increase from 2023 levels. Year-on-year growth rates indicate steady expansion, with a compound annual growth rate (CAGR) reflecting robust upward momentum over the five-year period. The trends highlight sustained demand for owner-occupied housing and stability in rental income projections.
Future trends to watch for include potential impacts of economic shifts, interest rate changes, and housing policy reforms which may influence housing affordability and subsequently affect imputed rental income values. Monitoring these factors will be important for understanding the trajectory of the housing market in Canada.