Strong economic fundamentals will add to housing demand

In 2024, we foresee a robust economic landscape shaped by several key factors. A significant influx of international migration, coupled with substantial population growth, particularly within the 25-to-44 age group, is expected to put upward pressure on the economy. Also, the growth in high-income industries is projected to stimulate employment and average wage increases. Together, these positive economic indicators are anticipated to drive an increase in housing demand.

As prices and demand are expected to continue to climb, concerns over affordability in both the housing and rental markets are becoming more prevalent.

Overall, we predict Saskatoon to have a stable housing…

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