Real Estate News - Canada
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!
Canadian Real Estate Development Plans Fell Sharply
<![CDATA[<p>Canadian policymakers are helicoptering money to stimulate building, but it doesn’t appear to be working. Statistics Canada (Stat Can) data shows the total value of building permits fell sharply in April, dropping to the lowest monthly volume in nearly a year. The annual decline was so large it was amongst the largest since 2020. Canadian […]</p> <p>The post <a href="https://betterdwelling.com/canadian-real-estate-development-plans-fell-sharply/">Canadian Real Estate Development Plans Fell Sharply</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...Canadian Real Estate Prices Rose 7x Faster Than Wages Since 1981
<![CDATA[<p>Canadian real estate doesn’t just feel out of reach—there’s quantitative evidence. A new Statistics Canada (Stat Can) study shows that real wages have only seen modest growth from 1981 to 2024. When compared to the surge in real home prices, it becomes clear this generation isn’t just exaggerating—home prices have grown nearly 7x faster than […]</p> <p>The post <a href="https://betterdwelling.com/canadian-real-estate-prices-rose-7x-faster-than-wages-since-1981/">Canadian Real Estate Prices Rose 7x Faster Than Wages Since 1981</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...Ontario Unemployment Hits Recession Levels, Driven By Excess Labour: BMO
<![CDATA[<p>Canadian unemployment is rising, and the country’s largest province is leading the trend. Ontario’s unemployment rate climbed to 7.9% in May—nearly a full point above the national average. A new report from BMO warns the province’s unemployment rate is now at a level not seen outside of the worst recessions. The problem is set to […]</p> <p>The post <a href="https://betterdwelling.com/canada-ontario-unemployment-hits-recession-levels-driven-by-excess-labour-bmo/">Ontario Unemployment Hits Recession Levels, Driven By Excess Labour: BMO</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...Canadian Rents Are Back To Rising After A Brief Decline
<![CDATA[<p>Canadian rental prices have shown modest affordability gains, but the relief is already ending. A new report from rentals.ca shows the average asking rent fell in May compared to last year, with the largest and most expensive cities seeing the steepest declines. However, recent months show rent growth is re-accelerating—signaling the window for relief could […]</p> <p>The post <a href="https://betterdwelling.com/canadian-rents-are-back-to-rising-after-a-brief-decline/">Canadian Rents Are Back To Rising After A Brief Decline</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...This Week’s Top Stories: Canadian Real Estate Demand Erodes & Unemployment Soars
<![CDATA[<p>Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Unemployment Soars, Driven By Immigration More Than Tariffs Canadian unemployment climbed but it wasn’t due to tariffs as expected. The unemployment rate hit 7.0% in May, with the unemployed population hitting 1.6 million. The employed population grew as well—the problem is […]</p> <p>The post <a href="https://betterdwelling.com/this-weeks-top-stories-canadian-real-estate-demand-erodes-unemployment-soars/">This Week’s Top Stories: Canadian Real Estate Demand Erodes & Unemployment Soars</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...Canadian Unemployment Soars, Driven By Immigration More Than Tariffs
<![CDATA[<p>Canada’s economy was dealt another blow last month, and it wasn’t due to tariffs. Statistics Canada (Stat Can) data shows the unemployment rate climbed aggressively in May, hitting a new multi-year high. Despite the narrative of tariff-induced job losses, the country managed to add a few thousand jobs. Rising unemployment continues to be driven by […]</p> <p>The post <a href="https://betterdwelling.com/canadian-unemployment-soars-driven-by-immigration-more-than-tariffs/">Canadian Unemployment Soars, Driven By Immigration More Than Tariffs</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...Canadian Real Estate Buying Opportunity “Still Not There”: BMO
<![CDATA[<p>Canadian real estate markets aren’t a buying opportunity—yet, according to BMO. In a research note to investors, the bank warned major cities are reporting home sales cooled further in May. These markets are also seeing inventory accumulate, leading to a demand balance that typically sees prices fall. Sellers resisting price cuts in hopes rate cut […]</p> <p>The post <a href="https://betterdwelling.com/canadian-real-estate-buying-opportunity-still-not-there-bmo/">Canadian Real Estate Buying Opportunity “Still Not There”: BMO</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...Toronto Real Estate Prices Climb Despite Worst May On Record
<![CDATA[<p>Greater Toronto real estate just had the worst May on record—but you wouldn’t know it from prices. TRREB’s composite benchmark price (i.e. a typical home) climbed in May. Yes, climbed. The increase was unexpected, given that record-high inventory and weak sales made it the worst-performing May market in history. Toronto Real Estate Prices Climb Despite […]</p> <p>The post <a href="https://betterdwelling.com/toronto-real-estate-prices-climb-despite-worst-may-on-record/">Toronto Real Estate Prices Climb Despite Worst May On Record</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...All In? Canadian Bank Loans For Real Estate Development Double In One Year
<![CDATA[<p>Canada’s banks are suddenly warming up to real estate development loans. Bank of Canada (BoC) data shows chartered bank loans to builders and developers doubled in less than a year, after decades of modest growth. The sudden shift aligns closely with taxpayers getting involved in the market, de-risking lenders. Short of a catastrophic blow to […]</p> <p>The post <a href="https://betterdwelling.com/all-in-canadian-bank-loans-for-real-estate-development-double-in-one-year/">All In? Canadian Bank Loans For Real Estate Development Double In One Year</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...Bank of Canada Won’t Cut In June, Government Policies May Boost Inflation: BMO
<![CDATA[<p>Canada’s central bank will hold rates in June despite the economy’s rising headwinds, according to BMO. In a report to investors, the bank warns accelerating core inflation is now above 3%—not just above the Bank of Canada’s (BoC) target rate, but also above its upper tolerance range. Slowing economic factors may bring down inflation eventually, […]</p> <p>The post <a href="https://betterdwelling.com/bank-of-canada-wont-cut-in-june-government-policies-may-boost-inflation-bmo/">Bank of Canada Won’t Cut In June, Government Policies May Boost Inflation: BMO</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
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