Summary
Total residential dwellings reached 16.4 million units in 2021, representing a stock value of $3.3 trillion. Strong growth in housing investment in 2021 drove Canada's net stock of residential assets up 17.6%, representing 21% of national wealth. The productive activity related to investment in residential housing was associated with over 1.3 million jobs and $141.5 billion in gross domestic product (GDP).
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