Greater Toronto’s real estate recovery experienced another setback last month. Toronto Regional Real Estate Board (TRREB) data shows home sales pulled back in September. Falling sales met with historically lofty inventory, helping to push home prices to a 6-year low. Toronto Home Prices Fall To 6-Year Low The composite benchmark price of a home across […]
Canadians just made the largest migration across provinces in 3 years. Statistics Canada (StatCan) data shows 116,832 residents in Q2 2026 made an interprovincial migration, the most since 2023. The numbers reveal Alberta continues to be the top spot in the country for people looking for a new province. Meanwhile in Ontario, the mass exodus […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Home Prices Back To 2016 Levels After Inflation, Still Out of Reach Canadian home prices rose—just not in real (inflation-adjusted) terms. BIS data shows home prices in Canada rose 0.78% in Q2 2026, the first increase in a year—though they remain […]
Canada’s major international student shift hit schools hard, but not enrollment totals. Postsecondary enrollment hit a new high in 2024/2025, according to Statistics Canada (StatCan) data. International enrollment made its sharpest drop in over 30 years, as widely expected. However, a surge in domestic enrollment almost entirely offset the drop. Canadian Postsecondary Enrollment Growth Is […]
Rental prices in Canada have been driven by more than just population growth. A new Bank of Canada (BoC) research paper breaks down the factors that can explain the recent surge in 1 bedroom rents from 2020 to 2026. They found that financing costs made a big contribution to higher rents, especially when rates began […]
Canadian home prices climbed for the first time in a little over a year, according to Bank for International Settlements (BIS) Q2 data. Adjust for inflation, however, and the brief gain disappears. Real home prices fell further, reaching their lowest level in nearly a decade—but that doesn’t mean buyers are finding 2016-era affordability. Canadian Home […]
Canada’s economy is growing faster than expected despite flat growth in the latest GDP report. Statistics Canada (StatCan) data shows gross domestic product (GDP) growth flat in July. Growth reported for half of sectors was offset by a contraction in the other half. New accompanying revisions show previous months had higher output than initially reported, […]
Households continue to buckle under the weight of their supersized mortgages. That’s the takeaway from the Canadian Bankers Association (CBA) mortgage data for July. The data shows banks have seen the number of mortgages in arrears hit a 12-year high. At the same time, the size of their books is shrinking as banks fail to […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadians Still Leaving At Near Record Pace Echoing 90s “Brain Drain” Canada may be attracting immigrants, but it’s failing to keep its citizens and permanent residents (PRs). In Q2 2026, nearly 25,000 Canadians emigrated—permanently relocated to a new country—marking the third-highest outflow […]
Canadians are still leaving in near record volumes. Statistics Canada (StatCan) data shows emigration—citizens and PRs leaving permanently—rose in Q2 2026. In fact, it was the third highest outflow for the second quarter ever reported. Even fewer Canadians are returning, mirroring the country’s peak “Brain Drain” era. Except this time the numbers show this rise […]
