Canada Can’t Double Housing Output. It Can’t Even Stop It From Dropping: BMO

If photos of policymakers in construction vests were new homes, Canada’s housing supply would be booming. Unfortunately, that’s not the case. BMO Capital Markets is warning investors that residential construction investment is plummeting. The drop may indicate the slowdown in new homes could drop even further in the near-future. The bank quips, perhaps the government […]

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 […]