15% of Canada’s economy vulnerable to a housing slump, RBC says Once again, you have Canadians putting a positive spin on something negative happening. This country is amazingly bulletproof when it comes to bad news. You have an economy that is in the toilet, no manufacturing sector and built on careers for hamburger flippers, but it’s not a problem. It wouldn’t be a problem if there was anything else going here, but there isn’t. So […]
Tag: Canada real estate
Bidding wars, shortage of listings challenge London buyers, realtors This is an article that you should read to just prove how stupid things are getting. London is one of the sleepiest cities in Canada. Talk about nothing going on. Yet there is some pressure on house prices there. I lived there for two years. I know what I am talking about. This is truly ridiculous.
Canada Is the G-7’s Surprise Growth Leader, For Now Exports and business investment remain an important part of the normalization narrative for the central bank, despite their recent poor performance. By 2019, those two segments will contribute 1.3 percentage points to a forecast 1.8 percent growth rate that year, according to the bank’s new forecasts. Without that, there will be nothing to offset an expected slowdown in household spending, residential investment and government stimulus.
Canadian House Price Growth Remains Elevated: CMHC Reports