Canadian Home Building Investment Has Officially Gone From A Correction To A Crash

Canadian investment in home construction is slipping and due entirely to housing. Statistics Canada (Stat Can) data shows building construction investment fell in September. This data is mostly based on building permits, providing insight into construction sentiment. Home building isn’t doing so hot — falling enough to be considered a technical crash. It fell so […]

Canadian Home Building Costs Make The Largest Jump On Record: Stat Can

Canadian home builders have faced soaring labor and material costs, and now there’s confirmation. The Statistics Canada (Stat Can) building construction price index made a record climb in the second quarter of 2021. Costs jumped significantly higher for homebuilders, even if just compared to non-residential construction. Homebuilders saw the fastest increases in “hot” housing markets […]