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 Developers Set A Record For Completed & Unsold New Homes
<![CDATA[<p>Canadian real estate went from a speculative asset with global demand to a glut in just a few years. Canada Mortgage and Housing Corporation (CMHC) data shows completed and unabsorbed inventory rose in April. Builders are now sitting on the most completed and unsold new homes in the country’s history—and there’s a lot more supply […]</p> <p>The post <a href="https://betterdwelling.com/canadian-developers-set-a-record-for-completed-unsold-new-homes/">Canadian Developers Set A Record For Completed & Unsold New Homes</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...Canadian Real Estate Demand Balance Hits Weakest Level Since 1995
<![CDATA[<p>Canada was told that more supply would fix its housing crisis. Now that it’s here, it clearly wasn’t buyers clamouring for that supply—not at these prices, anyway. Canadian Real Estate Association (CREA) data shows prices climbed slightly in April. However, the mild increase wasn’t due to rising sales or tightening inventory. Instead, the move looks […]</p> <p>The post <a href="https://betterdwelling.com/canadian-real-estate-demand-balance-hits-weakest-level-since-1995/">Canadian Real Estate Demand Balance Hits Weakest Level Since 1995</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...Ontario Is Now Ground Zero For Canada’s Consumer Insolvency Surge
<![CDATA[<p>Canadian consumers are getting crushed by their epic debt, and Ontario is ground zero. Office of the Superintendent of Bankruptcy (OSB) data shows consumer insolvencies in the province surged in March. Having outpaced national insolvency growth since 2019, it’s been capturing a larger share of total filings—and just saw the most monthly filings since 2010. […]</p> <p>The post <a href="https://betterdwelling.com/ontario-is-now-ground-zero-for-canadas-consumer-insolvency-surge/">Ontario Is Now Ground Zero For Canada’s Consumer Insolvency Surge</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...Canada’s Jobless Problem Is Increasingly An Ontario Problem
<![CDATA[<p>Canadians are suddenly facing one of the toughest job markets in months. Statistics Canada (StatCan) data shows the unemployment rate climbed to a 7-month high in April, but the real story is how the map is flipping. Traditional job engines like Ontario now rank among the worst in the country, while provinces long written off […]</p> <p>The post <a href="https://betterdwelling.com/canadas-jobless-problem-is-increasingly-an-ontario-problem/">Canada’s Jobless Problem Is Increasingly An Ontario Problem</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...Canadian Consumer Insolvencies Approach 2009 Record High
<![CDATA[<p>Canada’s highly indebted households are starting to crack under the pressure. Office of the Superintendent of Bankruptcy (OSB) data shows insolvencies climbed in March. Now at a 17-year high for the month, the volume was only second to the 2009 financial crisis. What Are Consumer Insolvencies? Consumer insolvencies are formal filings with the OSB, made […]</p> <p>The post <a href="https://betterdwelling.com/canadian-consumer-insolvencies-approach-2009-record-high/">Canadian Consumer Insolvencies Approach 2009 Record High</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...This Week’s Top Stories: Canada To Spend 1 In 3 Dollars On Debt & Seniors, More Millennials Live At Parents
<![CDATA[<p>Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Unemployment Hits 7-Month High As Workers Outpace Jobs Canada’s job market lost 18,000 jobs in April, and looking past the headline data reveals a worse picture. The country shed 47,000 full-time roles last month, shedding 111,000 in the first 4 months […]</p> <p>The post <a href="https://betterdwelling.com/this-weeks-top-stories-canada-to-spend-1-in-3-dollars-on-debt-seniors-more-millennials-live-at-parents/">This Week’s Top Stories: Canada To Spend 1 In 3 Dollars On Debt & Seniors, More Millennials Live At Parents</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...Canadian Unemployment Hits 7-Month High As Workers Outpace Jobs
<![CDATA[<p>Canada’s job market saw its footing slip last month. Statistics Canada (StatCan) data shows the unemployment rate hit a 7-month high in April. That’s unlikely to surprise those who anticipate layoffs as a result of the trade war. However, with a layoff rate consistent with the average in the 2010s, the data doesn’t fit the […]</p> <p>The post <a href="https://betterdwelling.com/canadian-unemployment-hits-7-month-high-as-workers-outpace-jobs/">Canadian Unemployment Hits 7-Month High As Workers Outpace Jobs</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...Canada Will Soon Spend 1 in 3 Dollars on Debt & Elderly Benefits
<![CDATA[<p>Canada’s debt problems are approaching the point of no return, likely cementing the end of the low-rate era. The Parliamentary Budget Officer (PBO) broke down federal spending and revenue for 2026-27. While critics focus on corporate welfare and loose spending, the real issue is much worse. The data reveals that over a quarter of revenue […]</p> <p>The post <a href="https://betterdwelling.com/canada-will-soon-spend-1-in-3-dollars-on-debt-elderly-benefits/">Canada Will Soon Spend 1 in 3 Dollars on Debt & Elderly Benefits</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...Nearly 1 In 6 Canadian Millennials Still Live With Their Parents
<![CDATA[<p>Canada turned to cheap credit to prevent a housing correction, turning a bubble into a generational crisis. Statistics Canada (StatCan) examined housing across generations to compare the living situation of Millennials aged 25 to 39 in 2021 to those of Gen X and Boomers. They found that nearly 1 in 6 Millennials across the country […]</p> <p>The post <a href="https://betterdwelling.com/nearly-1-in-6-canadian-millennials-still-live-with-their-parents/">Nearly 1 In 6 Canadian Millennials Still Live With Their Parents</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...Vancouver Real Estate Prices Hit 56-Month Low, Inventory 38% Above Normal
<![CDATA[<p>Vancouver real estate is known for excess, but that’s usually not in reference to inventory. Greater Vancouver Realtors (GVREB) data shows prices nearly hit a 5-year low in April. The market was lucky enough to avoid a Toronto-style correction until this point. However, weak demand and soaring inventory are sending a warning that its luck […]</p> <p>The post <a href="https://betterdwelling.com/vancouver-real-estate-prices-hit-56-month-low-inventory-38-above-normal/">Vancouver Real Estate Prices Hit 56-Month Low, Inventory 38% Above Normal</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
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