Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Resembles US Bubble After Perfect Storm: BMO Canadian real estate’s correction now mirrors the 2007 US housing bubble, according to BMO. Ontario prices have plunged much faster than any historical correction, more closely tracking US housing post-Great Recession. If […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Renters Outperform Homeowners In Most Cities: Even In Toronto Canadian real estate is renowned as a strong investment, but renters could have easily outperformed returns. PWL Capital compared renter savings—invested in an index fund—to the cost of home ownership. Investing the […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadians Moving Abroad Hits A New Record As The Country Fails to Compete Canadians continue to move abroad in record volumes. There were an estimated 120,000 emigrants in the 12 months ending Q2 2025, representing a 3% increase from the previous year. […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Went From A Shortage To Surplus, Starts Plunge Canada’s new home starts fell to a SAAR of 245,800 units in August, down 16% from July. But this isn’t a problem of red tape—approved permits hit a record ~350,000 units, […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Big Six Mortgage Arrears Surge Above National Average Mortgage arrears at Canada’s Big Six banks are rising faster than the national average, with five of the six now exceeding it. These lenders typically post much lower delinquency rates, making the sudden […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Is Crashing At One of The Fastest Rates Ever Canadian real estate is in the middle of one of the sharpest corrections on record. Real home prices have dropped 24.2% since Q1 2022, making it the second-deepest decline ever, […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Economy Hits An Iceberg—Government Spending Soars It’s too early to use the R-word to describe the Canadian economy, but it seems inevitable. Real GDP contracted 0.4% (SAAR) in Q2, driven by falling exports, weak business investment, and a decline in non-residential […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Mortgage Originations Rise 27%, Second Biggest Month On RecordCanadian mortgage originations hit $40.7 billion in June, up 27.5% from last year—making it the second-biggest month on record. That kind of surge would normally signal renewed housing demand, but not this time. […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Organized Real Estate System Dealt A Blow In Class Action Settlement A large regional brokerage dealt a blow to Canada’s organized real estate system this week. RE/MAX Ontario-Atlantic Canada (OAC) agreed to settle a class action challenging mandatory board membership and […]
Time for your cheat sheet on this week’s top stories. Canada’s GDP Lags OECD As Immigration-Led Growth Strategy Backfires Canada’s plan to grow its economy with population stimulus has been counterproductive. Population growth increases aggregate demand, except when the pace is too fast. This produces inflation for necessities, diverting disposable income from other areas of […]
