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Home Construction in Canada Booms
Canadian New Home Construction August 2016 New home construction activity in Canada continues to be one of the healthiest components of the national economy. Housing starts have defied predictions of a soft landing, and national housing starts throughout the first seven months of the year have trended around 200,000 annual units (chart 1). The trend in…
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Canada & Global Real Estate Trends
Global Real Estate Housing Markets Remain Strong Continued low interest rates are driving the key global housing markets, in spite of relatively sluggish economic growth and heightened financial market volatility. The IMF has estimated that roughly three-quarters of global real estate markets are experiencing rising house prices. Strength in general has been predominantly in first…