More amazing market numbers
Another report and another round of startling numbers from Canada’s housing market. The Canadian Real Estate Association is reporting its best September ever. Sales rose nearly 46% [...]
Optimism strong in a weakening economy
Canada’s uncertain economy has not dampened home ownership optimism among millennials and the young, first-time buyer cohort. In fact, the current coronavirus disruption is seen as a [...]
Housing market stable, but prices in question
After six months in COVID quarantine Canada Mortgage and Housing Corporation is, once again, releasing its quarterly Housing Market Assessments. The most recent HMA covers up to [...]
Hot August for home sales
Canada’s housing market has yet to take its summer vacation. August numbers from the Canadian Real Estate Association show sales rose 33.5% compared to a year ago [...]
Debt ratio dips, but not for everyone
One of the biggest vulnerabilities in the Canadian economy got a bit smaller in the second quarter. Statistics Canada reports that the amount of debt-to-household-income dipped to [...]
Debt and delinquencies up, but under control
A strong rebound in the housing market has helped push Canadian consumer debt to nearly $2-trillion. Credit monitoring firm Equifax says consumer debt rose 2.8% in the [...]