This Week’s Top Stories: Canadian Real Estate Inventory Is Rising & A $1.35 Billion Loan Default

Time for your cheat sheet on this week’s top stories. Canadian Real Estate Most of Canada’s New Condos Are (Still) Investor Owned: Stat Can  Statistics Canada’s Canadian Housing Statistics Program (CHSP) released data showing most new condos are investor owned. The organization stated the data is increasingly important amidst public discussion about affordability. Ownership concentration […]

This Week’s Top Stories: Canadian Real Estate Heads Into Bear Season & Economists Warn On Job Gains

Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Economists Are Skeptical of Job Strength, Discouraged Workers Jump 44% Canada’s job market continues to grow but economists warn context is important. The country added 64k jobs in September, which would have been a blowup job report pre-2020. A recent population […]

This Week’s Top Stories: Canadian Real Estate Prices May Drop 30% & Housing Investment Drops 80s Bubble Style

Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Housing Investment Is Correcting At The Fastest Rate Since The 80s Bubble Pop Canadian housing investment has never dropped this fast without popping a bubble. Residential investment dropped to $133.1 billion in Q3 2023, a 13.8% decline from last year. The […]