Top Stories

This Week’s Top Stories: What Risk? Thousands of Toronto and Vancouver Real Estate Buyers Jump In During The Pandemic

Time for your cheat sheet on this week’s most important stories. Canadian Real Estate One In Ten Canadian Restaurants Have Permanently Closed AlreadyCanada’s restaurant industry is one of the hardest hit by COVID-19, and a lot of the damage is permanent. The industry estimates over 800,000 restaurant jobs were lost in March. They also estimate […]

Canada

Canada’s Population Explodes At The Fastest Rate Since 1990, Even With Outbreak

Canada’s national statistics agency is estimating monster growth for population. Statistics Canada (Stat Can) population estimates show fast growth in Q1 2020. The population is now estimated to be growing at the fastest pace in 3 years. Canada’s Population Estimate Grows At Fastest Rate Since 1990 Canada’s population is growing at the fastest pace in […]

Top Stories

This Week’s Top Stories: Canadians Are Back To Pumping Massive Amounts Into Real Estate, While Incomes Stall

Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Real Estate Grows Almost 5x GDP, Economy Hits Record High Dependency Canada’s FIRE industry is growing much faster than the general economy. GDP reached $1.98 trillion in Q4 at annual rates, up 1.6% from the previous quarter. Finance, insurance, and […]

Canada

Toronto and Vancouver Incomes Decline, While Canada Is “Virtually Unchanged”

Income growth is tepid, according to new data from Canada’s national statistics agency. Statistics Canada (Stat Can) data shows the median after-tax income of families and unattached individuals was nearly flat in 2018. That’s not incredibly surprising, however drilling down there’s some interesting details. Most notable to us – the pricey real estate markets of […]

Canada

This Week’s Top Stories: Canadian Real Estate Prices Make Biggest Move In Almost 2 Years, As Mortgage Restrictions Ease

Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Toronto And Vancouver New Home Prices Fall, While Montreal Soars Canadian new home prices are stagnating, according to the New housing price index (NHPI). The national NHPI was flat in January, and is up just 0.19% from one year before. Toronto […]