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The Canadian Economy

Access to credit remains tight, with bearish calls on the housing market increasing.

Steve Saretsky -
Happy Monday Morning! Headline inflation ripped higher than expected this week, jumping back up to 4% for the month of August. It turns out Chrystia Freeland’s premature victory lap marked the bottom back in June. There’s a lesson here in base effects, you’d think her economics team would have tapped her on the shoulder back in June. Perhaps they were on summer holidays. While some were asleep at the wheel, others were crunching the...

Get the latest of The Saretsky Report and other content to keep up with what’s happening in the real estate market.

Steve Saretsky -

Happy Monday Morning! Over the past several months we’ve been highlighting the marked slowdown in residential building permits, a leading indicator of future supply....

Steve Saretsky -

Happy Monday Morning! The Bank of Canada moved to the sidelines once again, appeasing premiers in BC & Ontario who publicly pleaded with the...

Steve Saretsky -

Happy Monday Morning! A few weeks ago we summarized the cabinet shuffle, arguing the replacement of both the housing minister and immigration minister was...

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The Saretsky Report. December 2022