Tag: Housing Market Trends
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Canada’s Housing Correction May Be Entering a Second Phase, New Data Suggests

Canada’s housing market ended 2025 on weaker footing than the year before, raising concerns that the correction is not finished. New data from the Canadian Real Estate Association (CREA) shows home prices fell sharply in December, alongside declining sales and one of the strongest late-year surges in listings on record. Rather than signaling stabilization, the…
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Toronto Unemployment Surges to 317K, Surpassing Entire Province of Quebec

Toronto’s unemployment crisis is a major concern for Canada’s economy. Data from Statistics Canada reveals that Greater Toronto’s unemployment rate sharply increased in May, contributing significantly to the national trend of rising unemployment. This surge in unemployment, particularly in Southern Ontario, highlights a troubling shift from economic driver to a significant drag on the national…