Banks : Here’s what TD says:
Ageing Population’s Negative Impact ‘Overblown’
- Canadian Housing boom will not go bust.
- Long Term housing prices will appreciate rising by 4% per Annum over 25 years.
- Slowing population growths will act as a constraint on price gains, the impact will be offset by higher home ownership rates tighter labour markets,modest new home construction.
- There will be no widespread HousingBubble.
- Largest cities will continue to have above-average price-gains
- Toronto & Vancouver will benefit from increasing reliance on Immigration to fuel population growth
- CIBC world markets doubts that the tanking of USA housing market will be enough to push Canada’s main export market into recession
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