Canadian household net worth rose for a sixth quarter in a row—but this trend could reverse next quarter as the effects of trade tensions persist and spread. … READ MORE >
Real estate
Canada’s economy grows 0.5% in 1st quarter due to exports, but challenges loom
Canada’s economy grew in the first quarter largely due to pre-tariff efforts, but ongoing uncertainty means the economy is expected to contract next quarter. … READ MORE >
Inflation falls in Canada as end of consumer carbon tax offsets other increases
Canada’s consumer price index (CPI) fell to 1.7% in April thanks to the removal of the consumer carbon price and lower crude oil prices. For now, price increases associated with U.S. tariffs seem to have been kept at bay. The end of the consumer carbon tax should continue to apply … … READ MORE >
Housing starts plunge amid severe weather and elevated mortgage rates
The one-time seasonal factors that contributed to the decline should subside. Permits for new buildings and homes held up in January, rising by 0.1%. … READ MORE >
Market minute: U.S. housing supply is not meeting demand
One reason for the inadequate supply is that many homeowners are sitting on low-rate mortgages locked in during the pandemic and before. … READ MORE >
Morning market minute: FHA loan demand shows rising stress among homebuyers
While conventional home loans still make up approximately 60% of all loans, purchasing a home at this point is financially out of reach for a growing percentage of the population. … READ MORE >
Housing starts fall below estimates as permits rebound
The recent levels of starts and permits do not suggest enough future supply to meet the growing demand of American households to keep home prices under control. … READ MORE >
How Canadian real estate leaders can adapt and succeed in a volatile 2025
Canadian real estate leaders must decide how to act in 2025 as further interest rate cuts loom, stricter immigration policies take effect and the federal government’s 10-year bonds are up. … READ MORE >
Housing starts and permits fall in October as hurricanes take a toll
The total number of starts in October was 1.3 million, marking the 30th straight month of staying below our long-term sustainable level of 1.7 million. … READ MORE >
Housing starts and permits ease in September
September’s housing starts came in at 1.35 million, down 0.5% from August, while building permits, a proxy for future projects, fell 2.9% to 1.4 million. … READ MORE >