Housing starts in Canada rose by 8.4% month-over-month to 262,400 units in November 2024, the highest level in four months and above market expectations of 248,200 units, according to the Canada Mortgage and Housing Corporation. The seasonally adjusted annual rate (SAAR) of total urban housi...
The housing crisis in Canada has been a pressing issue across the country, especially given inflation and interest rate hikes. From August 18 to 20, 2023, we surveyed Canadians about their perceptions of increasing rental costs, worries about paying their rent/mortgage, and agreement with potentia...
Canada New Housing Price Index m/m reflects a change in selling prices of new houses in the reported month compared to the previous one. It is considered to be a leading indicator of Canada's housing
Even with expectations that Bank of Canada will keep cutting rates in the coming months, the issue of home affordability - which has strangled Prime Minister Justin Trudeau's poll numbers - is unlikely to fade before the next election. The mandate for the Liberal mino...
The report by Desjardins on Canada’s residential real estate outlook said Thursday housing affordability is set to improve in 2023, though to varying degrees across the country. Provinces that experienced the largest gains in housing prices during the pandemic will see the sharpest correctio...
The report by Desjardins on Canada’s residential real estate outlook said Thursday housing affordability is set to improve in 2023, though to varying degrees across the country. Provinces that experienced the largest gains in housing prices during the pandemic will see the sharpest cor...
The report by Desjardins on Canada’s residential real estate outlook said Thursday housing affordability is set to improve in 2023, though to varying degrees across the country. Provinces that experienced the largest gains in housing prices during the pandemic will see the sharpest...
Between 2010 and 2022, real Canadian housing prices jumped 90%, making Canada one of the most expensive and unaffordable housing markets in the world. We visualize the average price of housing across Canada’s provinces and territories in 2023 (excluding Nunavut), based on data from the Canada...
The report by Desjardins on Canada’s residential real estate outlook said Thursday housing affordability is set to improve in 2023, though to varying degrees across the country. Provinces that experienced the largest gains in housing prices during the pandemic will see the sharpest co...
Ethno-racial and nativity differences in the likelihood of living in affordable housing in CanadaCanadians are experiencing a housing affordability crisis, but little attention has been paid to its ethno-racial and nativity disparities. Using data from the 2016 Canadian Census, we assess whether the ...