LOS ANGELES: The latest CBRE report on the Canadian over 60s housing market is misleading.

CBRE claims a supply-demand imbalance exists and that senior housing supply will have to increase by nearly 150 per cent to meet peak demand in 2044.

While a surge in demand from baby boomers is some ways off, there will be a major push in Canada to educate this cohort on the changing reality of senior living in 2015, says Sean McCrorie, director in CBRE’s Seniors Housing & Healthcare Group, in the report.

What a load of tosh…