Canadian Real Estate Went From A Shortage To Surplus, Starts Plunge - Better Dwelling
Canada is issuing record permits, but housing starts are falling and inventory is piling up. The problem isn’t supply—it’s demand.| Better Dwelling
Canada is issuing record permits, but housing starts are falling and inventory is piling up. The problem isn’t supply—it’s demand.| Better Dwelling
Canadian real estate prices saw the sharpest drop in over a year, as record new listings overwhelmed a minor increase in sales.| Better Dwelling
Canadian inflation accelerated to 1.9% in August. Core inflation remains above 3%, making BoC rate cuts harder to justify.| Better Dwelling
Canadian governments borrowed $71.3B in Q2 2025, the most since the pandemic. Banks set a record buying debt, fueling capital flight risks.| Better Dwelling
The BoC cut rates to counter trade shock and revive investment—a strategy used many times in Canada. Does it work?| Better Dwelling
Few investments have created wealth as broadly in Canada as real estate, but is it always the best return? A new study from wealth management firm PWL Capital compares homeowner equity to the invested savings of renters. The results were surprising: in most major markets—including Toronto—renters came out ahead. While past returns don’t guarantee future […] The post Canadian Renters Outperform Homeowners In Most Cities: Even In Toronto appeared first on Better Dwelling.| Better Dwelling
Slow is smooth, and smooth is fast? Statistics Canada (Stat Can) data shows population growth continued to slow in Q3 2025, hitting its lowest rate since growth was physically restricted in 2021. That’s raised concerns over economic momentum, but it’s misplaced. Even if Canada drifts through the rest of the 2020s at a lockdown pace, […] The post Canada’s Population Still On Track For Fastest Growth Since The ’80s appeared first on Better Dwelling.| Better Dwelling
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadians Moving Abroad Hits A New Record As The Country Fails to Compete Canadians continue to move abroad in record volumes. There were an estimated 120,000 emigrants in the 12 months ending Q2 2025, representing a 3% increase from the previous year. […] The post This Week’s Top Stories: Canadian Real Estate Bubble Resumes, More Canadians Moving Abroad appeared first on Better Dwelling.| Better Dwelling
Canadians aren’t just sending money abroad—they’re sending themselves. Statistics Canada (StatCan) data shows emigration climbed again in Q2 2025, setting a record for Canadians permanently leaving over a 12-month period. The steady climb underscores Canada’s failure to compete, as more talent and capital head for greener pastures. Emigration and Why You Should Care Emigration is […] The post Canadians Moving Abroad Hits A New Record As The Country Fails to Compete appeared first ...| Better Dwelling
Canada’s population slowdown hasn’t trimmed home prices nearly as much as rumoured. Canadian Real Estate Association (CREA) data shows the national benchmark is down sharply, but only two provinces have seen real corrections as of August. The other eight hit all-time highs within the past year—six of them in the past quarter. Are these markets […] The post Canadian Real Estate Prices Near All-Time Highs, Except Ontario and BC appeared first on Better Dwelling.| Better Dwelling
Forget bidding wars—distressed listings are Toronto real estate’s hottest trend. Power of Sale listings have surged more than five-fold in three years, according to data from Valery Real Estate. A record volume of distressed sellers are flooding record inventory, shredding the narrative of a quick recovery. It’s a brutal reminder that real estate corrections are […] The post Toronto Real Estate’s Latest Record? Distressed Listings appeared first on Better Dwelling.| Better Dwelling
Toronto real estate continued to spiral to new lows last month. Greater Toronto new home sales just printed the weakest August on record, according to Altus Group data. However, the weak demand was not for a lack of inventory, which came in at the highest level in at least 10 years. The issue is no […] The post Toronto New Home Sales Plunge To New Low As Condo Demand Collapses appeared first on Better Dwelling.| Better Dwelling
Canadian entrepreneurs are building the future—they just aren’t building it in Canada. A new study warns the country’s startup scene failed to recover post-pandemic, with Canadian-educated founders increasingly creating jobs elsewhere. The authors blame rising domestic friction and call for cultural and financial incentives to reverse the trend. But the report overlooks the biggest hurdle […] The post Canadians Leaving To Create Startups Abroad—Real Estate Is A Big Reason appeared f...| Better Dwelling
Canada’s real estate addiction may limit the central bank’s ability to respond to loosening conditions. The Bank of Canada (BoC) cut its overnight rate by 25 basis points to 2.50% at its September meeting, as expected. Markets are pricing in more cuts, but BMO economists caution that moving too fast risks undoing recent housing market […] The post Canadian Real Estate Bubble May Resume If BoC Cuts Too Fast: BMO appeared first on Better Dwelling.| Better Dwelling
This week’s top stories include plunging Canadian housing starts, record permits, BoC rate cuts, and government borrowing at crisis levels.| Better Dwelling
Canadian real estate is even cooler than most realize. Since hitting a record high three years ago, real (inflation-adjusted) home prices have fallen sharply, according to data from the US Federal Reserve Bank of Dallas (Dallas Fed). Once thought an invincible and sure bet, Canadian real estate is in the middle of the second-largest price […]| Better Dwelling
Canadian home prices dropped to a 4-year low in July, despite rising sales. A surge in listings is pushing prices lower as inventory piles.| Better Dwelling
Canadian condo apartments are sliding after dodging much of the housing correction. Canadian Real Estate Association (CREA) data shows benchmark condo prices fell for a fourth straight month in July, marking the start of a second wave of losses. Canadian Condo Apartment Prices Fall To A 4-Year Low Canadian benchmark condo: The price of a […]| Better Dwelling
Alberta is the only province making the most of Canada’s most valuable natural resource—young workers. Statistics Canada (Stat Can) interprovincial migration data shows it was the only province that managed to attract young workers, aged 25 to 45 years old. This demographic is critical to regions, driving economic growth and long-term prosperity. It’s the only affordable province that continues to make net gains from other provinces, proving they’re doing more than just providing affo...| betterdwelling.com
What trade war? Canada's normalizing population growth is restoring balance to its labour market and lowering unemployment.| Better Dwelling
Canadian steel tariffs might save jobs but it's causing a bigger drag on the economy—especially in real estate, hitting steel demand harder.| Better Dwelling
The Bank of Canada held rates at its July meeting—a widely expected move in response to market uncertainty and rising inflation expectations.| Better Dwelling
Canada’s fastest growing real estate news site. Featuring the latest in Toronto and Vancouver real estate news, listings, and opinions.| Better Dwelling
Canadian real estate hasn't seen its demand balance erode this rapidly since 1988, proceeding the 90s market crash.| Better Dwelling
Canadian inflation slowed last month, though most people are unlikely to have noticed much savings (if any). Statistics Canada (Stat Can) data shows the headline Consumer Price Index (CPI) slowed in April. It was a result of last month’s removal of the consumer carbon tax, leading to an abrupt but temporary decline. However, a look […]| Better Dwelling
Weak demand for Canadian real estate continues to push prices lower. Canadian Real Estate Association (CREA) data shows the price of a composite benchmark (typical) home made a sharp downtick in April. The medium-term trend also reveals this is a more complicated issue than just trade war jitters. Over the past few years, buyers have […]| Better Dwelling
Canadian real estate sales may be slow, but the few people buying are paying more. Brookfield’s Real Property Solutions (RPS) released its House Price Index (HPI) for April, showing annual growth continuing to decelerate. However, the 12-month change fails to capture a potential shift in sentiment—last month prices made the biggest jump in 9-months. The […]| Better Dwelling
Canada's labour market is showing the worst relative performance since 2001, and a weak loonie usually follows.| Better Dwelling
Canada’s central bank is just realizing the mortgage rate renewal cliff is much smaller than thought. The Bank of Canada’s (BoC) Financial Stability Report (FSR) shows the average mortgage payment will rise much less than anticipated on renewal. Economists from BMO Capital Markets told investors the improvements are mostly already reflected in the market. Those […]| Better Dwelling
Weekly wages increased slower than the rate of inflation, leaving many Canadians with less buying power than last year.| Better Dwelling
Canadian policymakers are floating the idea of capping study permits, but they don’t need to. Government of Canada (GoC) data shows a sharp decline in the number of study permit applications in September. When policymakers first pitched the idea of limiting students to help affordability, it appears they were attempting to save face. The public […]| Better Dwelling
The number two at Canada’s central bank just made it clear she isn’t a policy cheerleader, like the Governor has been in recent months. Bank of Canada (BoC) Deputy Governor Carolyn Rogers addressed finance professionals at the Economic Club of Canada last week, explaining the usual mortgage market risks. It got more interesting when she […]| Better Dwelling
Canadian inflation should be smooth sailing, coming in low and stable from now on. A small catch though — your cost of living may not actually see low inflation. Statistics Canada (Stat Can) consumer price index (CPI) data shows an unexpected slowdown in June. The popular interpretation for today’s release is, this proves high inflation […]| Better Dwelling
Canada must have found some economic progress in the pocket of an old winter coat. Last week Statistics Canada (Stat Can) made some big upward revisions to the country’s gross domestic product (GDP) data. The country’s national statistics agency found the equivalent of a whole year of economic activity that was hiding between 2021 to […]| Better Dwelling
1 in 10 Vancouver real estate listings being resold have never been lived in...sometimes for years, sometimes for decades.| Better Dwelling
New data from the Ministry of Finance shows that Toronto real estate has a bigger problem than foreign buyers, speculators from Toronto.| Better Dwelling
Canadian rents are showing the first sign of weakness since the pandemic kicked off. A new report from Urbanation & rentals.ca shows the average rental price fell to $2,151 per month in October, down 1.2% since last year. It was the first year-over-year (y/y) drop since July 2021, with the 3-month trend showing annual growth […]| Better Dwelling
Canada’s government just went from labeling critics of its immigration policy as xenophobic to admitting their plan was unsustainable. This morning the Government of Canada (GoC) announced it won’t just throttle immigration, but the country will embrace intentional degrowth. The decision comes after a sharp decline in immigration applications, implying the sudden shift is more […]| Better Dwelling
About 6 years ago, deep-pocketed investors and institutions gathered at the Megatrends conference. Blackrock CEO Laurance Fink told them something that seemed unconventional in 2015. The two greatest stores of wealth internationally today is [one] contemporary art…,” said the $6 trillion asset manager. “And two… apartments in Manhattan, apartments in Vancouver, [and apartments] in London.” […]| Better Dwelling
Canada keeps repeating it’s spending billions on new housing, but with who, and how does it help? Earlier this week, Deputy Prime Minister Chrystia Freeland announced $1.2 billion worth of investments to build rentals in Toronto. It turns out over a third of those funds are going into one project—373 Front St East, which are […]| Better Dwelling
Canada is taking crisis-style mortgage market intervention, and making it an everyday thing. That was the feedback the Government of Canada (GoC) received from the CMHC. In recommendations dated in 2022, the CMHC explained the country’s plan to directly fund mortgage borrowing is unusual for a Sovereign, and blurs the line between normal markets and […]| Better Dwelling
Canadian real estate looks a lot like the US market before the crash, now that new research disproves the subprime myth.| Better Dwelling
CIBC Economics crunched the numbers on Greater Toronto condo investors, and found that nearly half collect less rent than the required mortgage payments. Most are still making money.| Better Dwelling
Home prices are expensive. Let’s build more homes, and the cost of all of them will become affordable. It’s supply and demand… like your local politician and mysteriously funded community group always say. Except homes are being built and delivered at a record pace, way in excess of population growth. You’re getting a little suspicious. […]| Better Dwelling
After decades of telling the public that low rates make housing affordable, Canada’s central bank is declaring, whoops! Bank of Canada (BoC) research shows decades of low rates did not make housing affordable. In fact, it had the opposite effect — increasing the size of mortgage debt. Real estate markets absorbed the increased debt capacity […]| Better Dwelling
The Greater Toronto condo market has been dominated by investors for years. That’s changing really fast, according to a new analysis from CIBC Economics. Over 4 in 5 investors with a condo apartment rental completed in 2024 are losing money, collecting less rent than they’re paying out. It’s a problem that’s long existed, but may […]| Better Dwelling
Canada rapidly scaled its generous immigration policy to fill a surge of vacant jobs. Those vacancies proved to be temporary, but the immigration policies remain largely unchanged. According to Bank of Canada (BoC) data, this is producing higher unemployment and more competition for the remaining jobs. As a result, 1 in 8 recently arrived immmigrants […]| Better Dwelling
Canadian policymakers created a bigger issue than the one they tried to solve with population growth. A new survey from Angus Reid found that 1 in 4 households are seriously considering leaving their province due to housing costs. Two key demographics are feeling the lion’s share of the pressure—young adults and recent immigrants. The problem […]| Better Dwelling
Greater Toronto’s Great Supply Shortage may be coming to an end, but the narrative is alive and well. Data from developer consulting firm Urbanation shows new purpose-built rental vacancy rates across the Greater Toronto-Hamilton Area (GTHA) have climbed significantly as of Q1 2024. The share of available units is now much higher than pre-2019 rates, […]| Better Dwelling
