After ignoring house prices for two decades, Bank of Canada says housing affordability to be considered in mandate review. financialpost.com/news/economy/b…
Refugee claimants in Canada have ~tripled since 2022. Is it still politically incorrect to say that this is too much? -->
Chow says Toronto will face a $107M shortfall if feds don’t provide more funding for refugee supports ctvnews.ca/toronto/local/…
About 60% of all mortgages in Canada are coming up for renewal in 2025–26.
Even with recent rate cuts, most of these borrowers are in for a payment shock. 🧵👇
Married and own a home by 30 years old in America
1950: 50%
1960: 52%
1970: 48%
1980: 45%
1990: 43%
2000: 35%
2010: 25%
2025: 12%
Anyone got the Canadian data?
Vancouver Real Estate update. From move up buyers to estate sales, people are taking less money to facilitate transactions. If you are transacting today you are taking less on the sell side and negotiating more on the buy side. Sales Volumes are increasing albeit at lower prices.
INTERVIEW 📺🎙️ Liam Halligan talks to a leading Canadian podcast about the UK's looming fiscal crisis
I was pleased to chat recently with Keith Dicker, @SteveSaretsky@RichardDias_CFA – co-hosts of "The Loonie Hour", one of Canada’s most popular economics and investment…
Housing starts surge in Canada again.
y/y increase entirely due to rentals. My measure of new primary + secondary under construction in major Canadian CMAs is nearly a quarter million at a time when population growth is set to round to zero
WILD chart
World's most unaffordable housing markets
1. 🇭🇰 Hong Kong
2. 🇦🇺 Sydney
3. 🇺🇸 San Jose
4. 🇨🇦 Vancouver
5. 🇺🇸 Los Angeles
6. 🇦🇺 Adelaide
7. 🇺🇸 Honolulu
8. 🇺🇸 San Francisco
9. 🇦🇺 Melbourne
10. 🇺🇸 San Diego
11. 🇦🇺 Brisbane
12. 🇬🇧 London
13. 🇨🇦 Toronto
14. 🇦🇺 Perth
15. 🇺🇸 Miami…
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