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Latest Blogs
The Senior Housing Market in Canada Reflects US Trends
Global real estate firm Cushman & Wakefield claims that the senior housing market in Canada is closely connected with that in the United States. Thanks to favorable supply and demand kinetics, senior housing occupancy and rent growth are emerging in both nations.
According to Sean McCrorie, executive vice president of Cushman & Wakefield, the baby boomer generation's changing requirements are being met by the American and Canadian markets, which have comparable demographic patterns. This regards a need for cutting-edge facilities, a variety of housing choices, and all-inclusive services.
Increases in building prices and borrowing rates cause problems in both nations, Canada stands out due to its chiseled healthcare system. In contrast to the U.S. market, the government's universal healthcare program pays for a sizable amount of skilled nursing facility expenses.
All things considered, the senior housing market in Canada is expected to keep expanding, following the prosperous trend seen in the US.
By Kathleen Gaivin Steele
30 September 2024
Latest Blogs
The Senior Housing Market in Canada Reflects US Trends
Global real estate firm Cushman & Wakefield claims that the senior housing market in Canada is closely connected with that in the United States. Thanks to favorable supply and demand kinetics, senior housing occupancy and rent growth are emerging in both nations.
According to Sean McCrorie, executive vice president of Cushman & Wakefield, the baby boomer generation's changing requirements are being met by the American and Canadian markets, which have comparable demographic patterns. This regards a need for cutting-edge facilities, a variety of housing choices, and all-inclusive services.
Increases in building prices and borrowing rates cause problems in both nations, Canada stands out due to its chiseled healthcare system. In contrast to the U.S. market, the government's universal healthcare program pays for a sizable amount of skilled nursing facility expenses.
All things considered, the senior housing market in Canada is expected to keep expanding, following the prosperous trend seen in the US.
By Kathleen Gaivin Steele
30 September 2024
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I had a great time dealing with the team from Rev99. They have taken good care of me with making one of the most important decision of my life of renting a house. On top of that they assisted me with finding a reliable tenant for my basement that pays on time. If you are looking for great service, confident options and honest dealing, I would highly recommend Rev99.
Hammad
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I had a great time dealing with the team from Rev99. They have taken good care of me with making one of the most important decision of my life of renting a house. On top of that they assisted me with finding a reliable tenant for my basement that pays on time. If you are looking for great service, confident options and honest dealing, I would highly recommend Rev99.
Hammad
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