The employment forecast in the imputed rents of the owner-occupied dwellings sector in Canada shows a steady growth from 530.97 million hours in 2024 to 537.48 million hours by 2028. The annual growth rate year-on-year is modest, with increases ranging around 0.37% to 0.38%. Over a five-year period, the compound annual growth rate (CAGR) is approximately 0.30%, indicating a stable sector with incremental employment gain.
Future trends to watch for include evolving housing market dynamics, potential technological advancements impacting property management and rent estimation, and changes in regulations that could influence owner-occupied dwelling valuations or rental policies.
