MARKET UPDATES

Canadian Economy Holds Steady in July as Real Estate Activity Edges Higher

Canada’s economy remained largely unchanged in July following a 0.4% increase in real GDP in June, according to the latest economic data. While overall economic activity was relatively flat, several sectors continued to expand, including construction and utilities. For the real estate market, one no

Canadian Retail Sales (July 2026)

Canadian retail sales decreased by 0.7 per cent to $73.7 billion in July compared to the previous month. Retail sales were 5.1 per cent higher compared to the same time last year. Moreover, core retail sales, which exclude gasoline and automobile items, also decreased by 0.7 per cent in July. In vol

Canadian Housing Starts (August 2026)

Canadian housing starts in August were essentially flat from the previous month, totaling 229,046 units at a seasonally adjusted annual rate (SAAR). Starts were down 6.2 per cent from the same month last year (SAAR). In areas with 10,000 or more residents, single-detached housing starts were up 7 pe