Demographic Changes and Real Housing Prices in Canada

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Author :
Publisher :
ISBN 13 :
Total Pages : 150 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Demographic Changes and Real Housing Prices in Canada by : Mario Fortin

Download or read book Demographic Changes and Real Housing Prices in Canada written by Mario Fortin and published by . This book was released on 1999 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the aging of the baby-boom generation, the number of young households is falling in Canada. This study examines the contentions of the demographer David Foot, and of earlier work by Mankiw and Weil, that in such a population, the number of home buyers is bound to decrease, causing the prices of residential real estate to drop substantially. In addition to reviewing the relevant economic literature, it constructs econometric models using Canadian national and provincial data and uses them to assess whether expected demographic changes in Canada are likely to trigger a pronounced downward trend in residential real estate prices. The study concludes that even if it is true that demographics may exert downward pressure on real estate prices, such impact will probably be dominant only in certain regions, depending even there on their rates of growth in real income. In other regions, the real price should have a tendancy to rise.

Demographic Change and the Housing Market in Canada

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Publisher : CMHC
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Demographic Change and the Housing Market in Canada by : Canada Mortgage and Housing Corporation

Download or read book Demographic Change and the Housing Market in Canada written by Canada Mortgage and Housing Corporation and published by CMHC. This book was released on 1995 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Housing in Postwar Canada

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Publisher : McGill-Queen's Press - MQUP
ISBN 13 : 9780773506145
Total Pages : 328 pages
Book Rating : 4.5/5 (61 download)

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Book Synopsis Housing in Postwar Canada by : John R. Miron

Download or read book Housing in Postwar Canada written by John R. Miron and published by McGill-Queen's Press - MQUP. This book was released on 1988 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between 1945 and 1981 the Canadian population doubled, while the number of dwellings more than tripled. John Miron shows how changes in demographic structure and housing affordability affected postwar household formation and housing demand. He argues that no single explanation adequately reflects the extent of the impact of the demographic trends and the economic changes.

Demographic Changes and Real Housing Prices in Canada

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Publisher :
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.:/5 (1 download)

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Book Synopsis Demographic Changes and Real Housing Prices in Canada by : Mario Fortin

Download or read book Demographic Changes and Real Housing Prices in Canada written by Mario Fortin and published by . This book was released on 2000 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Demographic Changes and Real Housing Prices in Canada

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Publisher :
ISBN 13 :
Total Pages : 3 pages
Book Rating : 4.:/5 (18 download)

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Book Synopsis Demographic Changes and Real Housing Prices in Canada by : Canada Mortgage and Housing Corporation

Download or read book Demographic Changes and Real Housing Prices in Canada written by Canada Mortgage and Housing Corporation and published by . This book was released on 1999 with total page 3 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the aging of the baby-boom generation, the number of young households is falling in Canada. This report presents highlights of a study that reviews the relevant economic literature and constructs econometric models to assess whether expected demographic changes in Canada are likely to trigger a pronounced downward trend in residential real estate prices.

Demographic Changes and Real Housing Prices in Canada

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Publisher :
ISBN 13 :
Total Pages : 3 pages
Book Rating : 4.:/5 (123 download)

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Book Synopsis Demographic Changes and Real Housing Prices in Canada by :

Download or read book Demographic Changes and Real Housing Prices in Canada written by and published by . This book was released on 2000 with total page 3 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Migration and the Urban Housing Market

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Publisher :
ISBN 13 :
Total Pages : 362 pages
Book Rating : 4.:/5 (273 download)

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Book Synopsis Migration and the Urban Housing Market by : Frank T. Denton

Download or read book Migration and the Urban Housing Market written by Frank T. Denton and published by . This book was released on 1991 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this project was to examine the impact of population change on the housing market, specifically short run (especially year to year) variations.

Housing in Postwar Canada

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Publisher : McGill-Queen's Press - MQUP
ISBN 13 : 0773561412
Total Pages : 320 pages
Book Rating : 4.7/5 (735 download)

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Book Synopsis Housing in Postwar Canada by : John R. Miron

Download or read book Housing in Postwar Canada written by John R. Miron and published by McGill-Queen's Press - MQUP. This book was released on 1988-03-01 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: The size of Canadian households has been declining since at least the 1880s. Miron compares this trend to patterns of household size in England and the United States and argues that postwar changes in household formation in Canada were the result of several forces including the postwar baby boom, increased longevity, changes in marriage pattern, rising incidence of divorce, increased household affluence, and new forms of government assistance to housing. While aggregate growth in population, families, and households helps to explain why more housing was necessary, it does not explain changes in the kind of houses desired. Miron discusses changes in available housing stock as well as changes in structural type such as the great apartment boom of the late 1960s and the re-emergence of owner occupancy in the late 1970s. The types of data available for measuring change in the stock and sources of error in housing data are also analyzed. One of the books most important contributions is an annotated synthesis of national trends in household formation and housing demand, derived from Statistics Canada census data, and accompanied by an insightful analysis of the relation of these trends to housing stock evolution. This is the only available detailed study of these topics in the Canadian context.

Demographic Trends and Their Effect on Canadian Housing

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Publisher :
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.:/5 (385 download)

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Book Synopsis Demographic Trends and Their Effect on Canadian Housing by : William M. McCance

Download or read book Demographic Trends and Their Effect on Canadian Housing written by William M. McCance and published by . This book was released on 1970 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Long-term Demographic Trends in Canada

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Publisher :
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4.:/5 (629 download)

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Book Synopsis Long-term Demographic Trends in Canada by : Clayton Research Associates

Download or read book Long-term Demographic Trends in Canada written by Clayton Research Associates and published by . This book was released on 1979 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Passing Peak Millennial

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Publisher :
ISBN 13 :
Total Pages : 111 pages
Book Rating : 4.:/5 (1 download)

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Book Synopsis Passing Peak Millennial by : Jeffrey Henry

Download or read book Passing Peak Millennial written by Jeffrey Henry and published by . This book was released on 2017 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Millennial generation has been reshaping cities in the United States and Canada as their Boomer parents did before them. Prior research explored the relationship among the changing size of the young adult cohort, household formation, and progression into home ownership at a national level in the United States (Myers, 2016). Finding that the size of the Millennial cohort reached its apex, or “peak Millennial,” in 2015, Myers' research suggests that the generational pressure on the housing market from young adults will now begin to decline. In reproducing Myers' research from original data in the United States and replicating it in Canada, I find similar timing but different patterns in the rise and fall of those peaks. I also find the “peak Millennial” concept misses net immigration and local variation, so I develop a novel “index of generational congestion” that quantifies the flows of cohorts in and out of the housing market in mid-sized and larger metropolitan areas in Canada and the United States. While I find some evidence of increasing congestion from young adults, this varies widely. I further find an increasing rate of seniors leaving some Canadian housing markets that far outpaces new young adults. I conclude with recommendations for how local planners and policymakers can use this new index to understand the generational changes happening in their housing market.

Long-Term Outlook on the Demand for Mortgages in Canada

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Publisher : Canada Mortgage and Housing Corporation
ISBN 13 : 9780662300038
Total Pages : 18 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Long-Term Outlook on the Demand for Mortgages in Canada by : Mario Fortin

Download or read book Long-Term Outlook on the Demand for Mortgages in Canada written by Mario Fortin and published by Canada Mortgage and Housing Corporation. This book was released on 2001 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Due to slower demographic growth, new housing construction will decline over the next two decades. In addition, because the baby boomer generation is aging, this demographic growth will be concentrated in the older segments of the population. The demand for mortgages will therefore undergo the combined effects of a decrease in the household formation rate and, since the older population is generally wealthier, a better capacity to finance home purchases with equity. This research is aimed at establishing the effects of these demographic changes on the demand for mortgages in Canada. The first part presents a review of the principal known theoretical and empirical results on the demand for mortgages. Then, the determinants of the number of mortgages, their average value and the total outstanding of these loans are studied using an econometric model. Finally, this model is applied to a series of projections to determine the future trends that will affect the Canadian residential mortgage market.

Is the Canadian Housing Market Overvalued? A Post-crisis Assessment

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Publisher : International Monetary Fund
ISBN 13 : 1451873824
Total Pages : 22 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Is the Canadian Housing Market Overvalued? A Post-crisis Assessment by : Ms.Evridiki Tsounta

Download or read book Is the Canadian Housing Market Overvalued? A Post-crisis Assessment written by Ms.Evridiki Tsounta and published by International Monetary Fund. This book was released on 2009-10-01 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Canadian house prices have increased significantly between 2003 and early 2008, with a marked downward trend since mid-2008, especially in the resource-rich western provinces. This paper estimates the evolution of equilibrium real home prices during this period in key provinces and finds that, following recent declines, home prices are now generally close to equilibrium throughout Canada. However, house prices in Alberta and British Columbia remain around 8 percent overvalued at the end of the sample (second quarter of 2009). Despite the limitations of econometric estimates of house-price dynamics, the measured small degree of overvaluation suggests that the Canadian housing market is essentially at equilibrium.

Demography at the Edge

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Publisher : Routledge
ISBN 13 : 1317152891
Total Pages : 371 pages
Book Rating : 4.3/5 (171 download)

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Book Synopsis Demography at the Edge by : Rasmus Ole Rasmussen

Download or read book Demography at the Edge written by Rasmus Ole Rasmussen and published by Routledge. This book was released on 2016-05-23 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addressing the methodological and topical challenges facing demographers working in remote regions, this book compares and contrasts the research, methods and models, and policy applications from peripheral regions in developed nations. With the emphasis on human populations as dynamic, adaptive, evolving systems, it explores how populations respond in different ways to changing environmental, cultural and economic conditions and how effectively they manage these change processes. Theoretical understandings and policy issues arising from demographic modelling are tackled including: competition for skilled workers; urbanisation and ruralisation; population ageing; the impacts of climate change; the life outcomes of Indigenous peoples; globalisation and international migration. Based on a strong theoretical framework around issues of heterogeneity, generational change, temporariness and the relative strength of internal and external ties, Demography at the Edge provides a common set of approaches and issues that benefit both researchers and practitioners.

The Changing Canadian Population

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Publisher : McGill-Queen's Press - MQUP
ISBN 13 : 0773537937
Total Pages : 382 pages
Book Rating : 4.7/5 (735 download)

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Book Synopsis The Changing Canadian Population by : Barry Edmonston

Download or read book The Changing Canadian Population written by Barry Edmonston and published by McGill-Queen's Press - MQUP. This book was released on 2011 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: Informative and helpful essays that study census data regarding developments in Canadian society.

Pilot Study

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Publisher :
ISBN 13 :
Total Pages : 106 pages
Book Rating : 4.:/5 (385 download)

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Book Synopsis Pilot Study by : Canada Mortgage and Housing Corporation

Download or read book Pilot Study written by Canada Mortgage and Housing Corporation and published by . This book was released on 1981 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Demographic Change and the National Rate of Homeownership, 2001 to 2006

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (134 download)

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Book Synopsis Demographic Change and the National Rate of Homeownership, 2001 to 2006 by :

Download or read book Demographic Change and the National Rate of Homeownership, 2001 to 2006 written by and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: