The value added of imputed rents of owner-occupied dwellings in Canada was 209 billion Canadian Dollars in 2023. The forecasted values indicate a steady growth trend from 2024 to 2028, with the values rising from 215.24 billion CAD in 2024 to 242.64 billion CAD in 2028. The year-on-year growth rates show approximately 3.2% growth annually, reflecting robust and consistent increases. The compound annual growth rate (CAGR) over this five-year period is estimated to be around 3.1%.
Future trends to watch for include potential shifts in the housing market dynamics influenced by interest rate changes, government housing policies, and macroeconomic factors. Monitoring these could impact owner-occupancy rates and impute rent values in the long term.
