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Tag: Canadian Residential Investment

Canada

Canadian Investment In Home Construction Is Officially In Correction Territory

October 14, 2021

Canadian home building is near record activity, but it appears it’s hard to keep finding new money. Statistics Canada (Stat Can) data shows investment in building construction fell in August. The decline marked the fourth consecutive month, and it was due entirely to housing. Residential building construction investment dropped so fast, it’s now technically a […]

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Canada

Canadian Housing Investment Is Falling, And Will Be A Drag The Economy: BMO

August 31, 2021

Canada’s housing market giveth and taketh away. BMO senior economist Sal Guatieri dropped some notes on plummeting residential investment today. The segment of gross domestic product (GDP) fell so fast in Q2 2021, it held the whole economy back. The bank warned this is just the beginning for housing investment, as it comes back to […]

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