A new independent staff study from Canada’s central bank aims to help clarify the impact of low rates on housing. Bank of Canada (BoC) researchers found that supply and demand both get a boost with rate cuts. Demand responds almost immediately, but supply follows nearly two years later. If affordability is the goal, monetary policy […]
The Great Canadian Real Estate correction hasn’t actually corrected much in most of the country. Canadian Real Estate Association (CREA) data shows national prices fell in July, a trend that extended to most provinces. Even with most provinces seeing lower prices last month, the majority of home prices remain near their record high. Most of […]
The great Canadian borrowing binge continues, but it’s not for mortgages. At least, not entirely. Statistics Canada (StatCan) data shows household debt grew in June, but not as fast as usual. Mortgage credit is weighing down growth as it decelerates post-low rate boom. It’s consumer credit that’s booming, a trend the industry attributes to a […]
Canada’s real estate markets gave back some of the progress made earlier this year. Canadian Real Estate Association (CREA) data shows fewer home sales in July. Reduced activity combined with already lofty inventory levels to produce the sharpest monthly price drop year-to-date. Canadian Home Prices Make Sharpest Monthly Drop Since December Canadian residential real estate: […]
Rising prices are starting to push inflation to the boundary of the central bank’s comfort zone. Statistics Canada’s (StatCan) Consumer Price Index (CPI) shows growth accelerated in July. The upward pressure is primarily attributed to gas prices, but most components accelerated. The only thing keeping inflation in check is housing, apparently. Canadian Inflation Accelerates To […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Foreign Investment Surge Isn’t Confidence, It’s A Looming Debt Crisis Canada has seen a surge in foreign investment, but is it the vote of confidence reported in the media? The 12-month sum of foreign investment hit $256 billion in May, its […]
Canadian housing affordability continues to improve, but it remains far from affordable. National Bank Financial’s (NBF) Housing Affordability Index improved in Q2 2026. The bank’s data shows a record-long streak of improvements hasn’t put any markets within reach. Buying a typical home requires a household income nearly double the median, rising to over a quarter-million […]
Canadian insolvency filings have been surging, but it doesn’t really matter. That was the take from BMO Capital Markets, which dismissed the issue due to population growth. In a note to investors, the bank explained the per capita trend remains healthy. There’s just one problem—their take makes no sense. Canada Has Near-Record Insolvencies. Does It […]
Global investment in Canada is surging, but is it a vote of confidence or vultures circling? Statistics Canada (StatCan) data shows foreign investment boomed in May, prompting some outlets to frame the surge as a renewed confidence in Canada. BMO argues the composition tells a very different story. Investors aren’t piling into Canadian companies, but […]
Maybe Canada’s peak opportunity for young adults really was in the 70s and 80s? Statistics Canada (StatCan) data shows the median income didn’t budge at all in 2024 after inflation. Since peaking in 2021, the median income hasn’t made much progress after inflation—except for older Canadians. While older demographics continue to see their real (inflation-adjusted) […]
