Housing Activity Fell in December, Rounding Out A Disappointing Year Today’s release of December housing data by the Canadian Real Estate Association (CREA) showed the market ended 2025 with declining sales and prices due to ongoing economic uncertainty. The number of home sales recorded over Canadian MLS® Systems declined 2.7% m/m in December. On an annual basis, transactions totalled 470,314 units […]
Canadian Job Growth Slows Markedly in December as the Unemployment Rate Rises to 6.8% Today’s Canadian Labour Force Survey for December was weaker than expected. Employment was little changed (+8200; 0.0%), and the employment rate held steady at 60.9%. This followed three consecutive monthly increases. The jobless rate rose 0.3 percentage points to 6.8%, as more people searched for work. […]
Canadian Housing Market in a Holding Pattern Today’s release of the November housing data by the Canadian Real Estate Association (CREA) showed that national home sales fell year over year, as both month-over-month new listings and the Home Price Index showed prices declined once again. Over the past month, the consensus for Canada’s economic outlook has shifted. It is now […]
Good News on the Inflation Front Will Keep the BoC on the Sidelines The Consumer Price Index (CPI) held steady at 2.2% year over year in November, as core inflation continued to ease. Accelerating costs for food and some other goods were offset by slowing price growth for services. In November, prices for services rose 2.8% year over year, compared […]
Dr. Sherry Cooper joined Dominion Lending Centres and DLCG Mortgage Group President, Eddy Cocciollo, for In Conversation to discuss the latest updates from the Bank of Canada as of December 10, 2025.