On this page you will find snippets of interesting articles on the Canadian Real Estate market. This includes housing sales, unemployment and interest rate trends, and policy measure by the Bank of Canada and government. Enjoy!
<![CDATA[<p>Policymakers broke Canada’s real estate market, and now it faces 7 years of bad luck. The Canadian Real Estate Association (CREA) slashed growth expectations for sales and prices, forecasting a 7th year of stagnating prices. They warn the first quarter was weaker than previously anticipated, as factors that drove growth before are over. Even with […]</p> <p>The post <a href="https://betterdwelling.com/canadian-real-estate-industry-cuts-forecast-prices-to-stagnate-2-more-years/">Canadian Real Estate Industry Cuts Forecast, Prices To Stagnate 2 More Years</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...<![CDATA[<p>Home prices typically fall to stimulate demand, but that’s not the case in Canada, apparently. Canadian Real Estate Association (CREA) data shows the price of a typical home climbed in March. Despite this upward tick, it was the weakest sales for the month since 2009. A real head scratcher, considering inventory remains historically robust. Canadian […]</p> <p>The post <a href="https://betterdwelling.com/canadian-real-estate-sales-hit-17-year-low-but-prices-keep-climbing/">Canadian Real Estate Sales Hit 17-Year Low, But Prices Keep Climbing</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...<![CDATA[<p>Canadians saw their average wage surge at the fastest pace in months, according to Statistics Canada (StatCan). The surge reported in March stands in stark contrast with the reality of other datapoints, and for good reason—wages aren’t booming. The surge was due to a dramatic composition change, according to BMO Capital Markets, who warned investors […]</p> <p>The post <a href="https://betterdwelling.com/canadas-soaring-wage-growth-not-reality-its-a-statistical-quirk-bmo/">Canada’s Soaring Wage Growth Not Reality, It’s A Statistical Quirk: BMO</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...<![CDATA[<p>Canadian builder intentions are slipping even as policymakers throw tens of billions in stimulus at construction. Statistics Canada (StatCan) data shows building permit values fell sharply in February, with only residential intentions posting a modest gain that still translated into fewer homes planned. Meanwhile, non-residential permits fell abruptly, pointing to weaker investment appetite beyond the […]</p> <p>The post <a href="https://betterdwelling.com/canadian-building-permits-plunge-fewer-homes-planned/">Canadian Building Permits Plunge, Fewer Homes Planned</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...<![CDATA[<p>Canada’s seemingly stable jobless rate is hiding widening disparities among cities (and provinces), according to BMO Capital Markets. The bank’s latest Labour Market Performance Ranking shows job markets in Western Canada are largely improving, while Eastern Canada—Southern Ontario in particular—dominates among the worst-performing cities. The bank warns this divergence won’t be resolved any time soon, […]</p> <p>The post <a href="https://betterdwelling.com/canadian-job-market-booms-in-west-slumps-in-east-gap-to-widen-bmo/">Canadian Job Market Booms In West, Slumps In East, Gap To Widen: BMO</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...<![CDATA[<p>Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Variable-Rate Mortgages Surge As BoC Recreates Renewal Trap Canadian banks advanced $38.3 billion (+3.3% y/y) in uninsured mortgages in January, the largest for the month on record. But this wasn’t fresh demand—it was a wave of renewals arriving five years after […]</p> <p>The post <a href="https://betterdwelling.com/this-weeks-top-stories-canadians-flock-to-variable-rate-mortgages-ontarios-builder-bailout/">This Week’s Top Stories: Canadians Flock To Variable-Rate Mortgages, Ontario’s Builder Bailout</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...<![CDATA[<p>Canadian employment wasn’t impressive last month, but it was the best Labour Force Survey (LFS) of 2026. Statistics Canada (StatCan) data shows minor job growth, with unemployment unchanged in March. The AI and trade war job cuts that everyone fears? It turns out employment is stabilizing, layoffs are lower than expected, and heck—wages are even […]</p> <p>The post <a href="https://betterdwelling.com/canadians-face-fewer-layoffs-than-normal-but-good-luck-finding-a-job/">Canadians Face Fewer Layoffs Than Normal, But Good Luck Finding A Job</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...<![CDATA[<p>Canadian borrowers are aggressively returning to variable-rate loans after hitting record lows just a few years ago. Bank of Canada (BoC) data shows uninsured mortgage funds advanced—cash lenders provide for originations, renewals, and refinancing—hit a new peak in January. While the overall funding reached a monthly high, annual growth is slowing, masked by some of […]</p> <p>The post <a href="https://betterdwelling.com/canadian-variable-rate-mortgages-surge-as-boc-recreates-renewal-trap/">Canadian Variable-Rate Mortgages Surge As BoC Recreates Renewal Trap</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...<![CDATA[<p>Ontario real estate developers are raising prices despite facing some of the weakest demand on record. The reason? The Government of Ontario’s expanded Harmonized Sales Tax (HST) relief. The thinly veiled bailout is already undermining policymaker narratives few believed, with experts warning the “savings” are being rolled into higher new home prices. Ontario’s Latest Builder […]</p> <p>The post <a href="https://betterdwelling.com/ontarios-hst-rebate-is-driving-new-home-prices-higher-without-sales/">Ontario’s HST Rebate Is Driving New Home Prices Higher Without Sales</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...<![CDATA[<p>Toronto real estate might be in a glut, but that didn’t stop buyers from paying more last month. Toronto Regional Real Estate Board (TRREB) data shows prices climbed in March. Despite another monthly uptick, sales remain weak, and inventory continues to be elevated, as bearish conditions persist for the market. Toronto Real Estate Prices Rise […]</p> <p>The post <a href="https://betterdwelling.com/toronto-real-estate-prices-climb-as-inventory-remains-near-highs/">Toronto Real Estate Prices Climb As Inventory Remains Near Highs</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...