Canada

Canadian Real Estate Has Seen Home Building Intentions Rise 44% Above Normal

Canadian real estate has outgrown productive investment, and it’s not slowing down. Statistics Canada (Stat Can) data shows building permits, considered a leading indicator for future building intentions, climbed in November. The growth is entirely attributed to home building, now running 50% above pre-2020. More housing is nice, but Canada is already sinking more investment […]

Canada

Canadian Permits To Build New Homes Fell Further Into Correction Territory

Canada is planning a lot of new construction activity, but it’s not housing they’re looking to build. Statistics Canada (Stat Can) data shows the building permit values soared in October. The increase in permits, a leading indicator of future building activity, was due to non-residential building. Residential building actually weighed down the aggregate, falling further […]