Market Update

  • RBC says housing downturn potential has increased by Steve Randall

    The potential for widespread downturn in Canada’s housing market in the next 12 months remains low but has increased due to possible overreaction to policy action in Ontario and for further policy tightening

  • Wages gain 2% in 12 months to May by Steve Randall

    There was virtually no change in the average weekly wage of non-farm payroll workers in May from the month before but the $972 figure was 2% above that of 12 months earlier

  • CMHC says housing market red flag remains by Steve Randall

    CMHC says that “strong evidence of problematic conditions” remains for Canada’s housing market as growing house prices clashes with a slowing of adult population growth and a decrease in disposable household income

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