3+ hour, 53+ min ago   (224+ words) The median income of first-time homebuyers vs all households in 2023. Most of Canada can’t afford a starter home, according to the agency’s data. The agency looked at 5 regions, 4 provinces and 1 territory, between 2021 and 2023. They found that first-time buyers earned between…...

3+ day, 10+ hour ago   (131+ words) Bank of Canada Research Warns Rate Cuts Can Worsen Housing Affordability Canada’s “Record” Housing Correction? Prices Near Highs In Most Provinces Canadians Turn To Consumer Credit As Mortgage Debt Slows Canadian Home Prices Just Made The Sharpest Monthly Drop This…...

1+ week, 6+ day ago   (489+ words) Canadian insolvency filings have been surging, but it doesn’t really matter. That was the take from BMO Capital Markets, which dismissed the issue due to population growth. In a note to investors, the bank explained the per capita trend remains…...

2+ week, 3+ day ago   (105+ words) Canada’s Fake GDP Growth: Fictitious Rents Add More Than Oil Canada’s Job Market Is Booming If You Ignore Population Revisions Toronto Real Estate Prices Wipe Out 2026 Gains, Drop To 5-Year Low The price of a typical home across Greater Toronto…...

3+ week, 1+ day ago   (279+ words) The owner-occupied segment of real GDP represents the “imputed rents” paid by homeowners. This isn’t rent they actually pay, but a statistical construct: the theoretical economic value of the housing they consume. In other words, it’s the fictitious rent homeowners…...

1+ mon, 1+ week ago   (536+ words) The monthly seasonally adjusted annual rate of housing starts for all areas fell 6% to 239k units in June. It marks the third consecutive drop, but the volume is still significantly higher than usual. That’s on top of the 375k units currently under…...

1+ mon, 1+ week ago   (413+ words) Economists at BMO crunched the numbers, and found that’s not really the case. In fact, there’s virtually zero evidence to support that population growth is a leading indicator of near-term economic growth. “In the past 50 years, there is, in fact,…...

1+ mon, 3+ week ago   (187+ words) Canadian Affordability Best In 4 Years, Still At 90s Bubble Levels: RBC Canadian GDP Climbs On Oil & Government Spending, Already Slowing Canadian Jobs Up, But Most Gains Went To People Getting A Second Gig Toronto Real Estate Prices Resume Decline, Inventory Remains…...

2+ mon, 2+ day ago   (641+ words) New foreign postdoctoral fellows to Canada, 20 to 54 years old. Canada’s temporary resident population has seen explosive growth in recent years. Even after recent policy changes to taper its size, it’s managed to double within the past 4 years. In a mad…...

2+ mon, 1+ week ago   (61+ words) Canadian Insolvencies Surge To Second-Highest Level On Record Bank of Canada Holds Rates, Warns of Stagflation-Like Headwinds Canada Trade Surplus Soars With Oil Prices, Return To US Dependency Canadian Household Debt Now Consumes 1 in 7 Dollars of Income Canadian Building Permits…...