Formation of Demand in the Residential Real Estate Market of Canada: Modern Trends
https://doi.org/10.34020/2073-6495-2019-4-320-331
Abstract
The situation in the residential real estate market in Canada, namely, the formation of demand for housing in the face of rising prices is analyzed in this article. The key factors of demand formation are identified, such as prices, incomes and assets of households, the ratio of incomes of groups of people with different levels of education, household preferences by type of housing, immigration flows. Based on a theoretical analysis and analysis of statistical data over a long period of time, current trends in the formation of demand in the Canadian residential real estate market are identified. A conclusion on an objective basis for price increases in the residential real estate market is substantiated.
About the Authors
L. Yu. Rudi
Novosibirsk State University of Economics and Management
Russian Federation
Rudi Lyudmila Yu., Doctor of Economics, Professor, Department of Economic Theory
Russian Federation
Rudi Lyudmila Yu., Doctor of Economics, Professor, Department of Economic Theory
T. A. Tropnikova
Novosibirsk State University of Economics and Management
Russian Federation
Tropnikova Tatyana A., Senior Lecturer, Department of Economic Theory
Russian Federation
Tropnikova Tatyana A., Senior Lecturer, Department of Economic Theory
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Review
For citations:
Rudi L.Yu., Tropnikova T.A. Formation of Demand in the Residential Real Estate Market of Canada: Modern Trends. Vestnik NSUEM. 2019;(4):320-331. (In Russ.) https://doi.org/10.34020/2073-6495-2019-4-320-331
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