The employment in the imputed rents of owner-occupied dwellings sector in Canada is projected to grow consistently from 2024 to 2028. The forecasted data indicates a gradual increase in the number of employed persons, rising from 328.44 thousand in 2024 to 338.98 thousand in 2028. Compared to 2023, this represents a continuous growth trend, reflecting a stable increase year-on-year of around 0.9% to 1.0%. The compound annual growth rate (CAGR) over the forecast period is approximately 0.8%, indicating moderate expansion.
Future trends to watch include the impacts of economic fluctuations, changes in housing market dynamics, and demographic shifts that could influence employment demand in this sector. Moreover, policy changes related to homeownership and housing affordability might also play a significant role in shaping the sector's employment landscape moving forward.
