The forecast for work started on dwellings in Canada from 2024 to 2028 remains constant at a value of 1.43, with no year-on-year percentage variations reported. This indicates a period of stability in the housing market, following the trend set in 2023 where the same constant figures were recorded. This stability over the five-year period suggests a consistent demand for new dwellings.
Future trends to monitor include potential impacts of economic policies, changes in demographic factors such as immigration rates, and shifts in consumer preferences. Additionally, any significant economic fluctuations could alter these forecasts, further impacting the dwelling construction landscape.
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