Watch: Canadian Real Estate Market Gets Big Boost from Immigrants

Newcomers to Canada may purchase 680,000 homes, comprising 21 percent of houses sold, over the next five years if Canadian immigration levels stay the same, according to a poll led by Royal LePage.

Canada’s housing markets are on the rebound from the burden of the tighter mortgage rules over the past few years. Prices have fallen in the Vancouver region, and increases are slowing in Toronto, but the markets are gaining steam once again.

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