Quote:
Originally Posted by yuriandrade
I'm looking forward 2021 Canadian numbers to compare them with 2011 figures and the US metro areas.
As Canadian cities and a much higher base to begin with, in relative terms growth will be less impressive. In absolute terms, however, it seems tons of people are still moving in.
In Brazil, as trends take longer to reach here, the only city that is experiencing such phenomenon is São Paulo (thread's 1st post), starting in the 2000's but only becoming mainstream in the 2010's (I, for instance, decided to move Downtown in 2020). That's why I'm eagerly waiting local census, due to happen in 2020 but postponed to 2022 because Covid.
I guess this decade we might see this trend to reach other Brazilian major metro areas.
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2021 Canadian Census will mask significant population fluctuations. There will likely be strong population growth 2016-2020 but weak growth 2020-2021. I doubt it affected construction much though.
In Toronto there was a 3-4 month period where construction sites were in lock down but then the previous level of activity resumed. Condos have to be majority pre-sold to move to construction so there wasn't a drop off in activity. The big question is how future construction activity will be affected. Immigration has zoomed right back up again so we'll likely just pick up where we left off.
Interest in downtown living waned a little due to COVID and expensive real estate. Lots decamped to smaller cities and towns. That said, the interest in urban living isn't going away any time soon. People, especially young people/seniors, are clamouring for walkable dense neighbourhoods. In most places that means downtown although dense pedestrian focused clusters are popping up all over the place.