How will slower population growth and a rising average age affect household growth and the overall rate of home ownership over the long‐term? To help answer these questions, CMHC has developed long‐term, demographics‐driven projections of household and ownership growth for Canada.
Richard Gabay,
Senior Researcher,
CMHC
1. Long-term Household Growth Projections Richard GabayHousing Needs Policy and Research GroupPolicy and Research Division Presentation to NHRC Working Group on Housing Data 2 November 2009
33. CANADA MORTGAGE AND HOUSING CORPORATION 30 Comparison With Other Projections
34. CANADA MORTGAGE AND HOUSING CORPORATION 31 Household Growth Projections *Average yearly household formation is computed over the years 2005-2010, 2010-2015 and 2015-2020. †The annual average in the last period of the projection is computed over the years 2026-2030.