Canadian Housing Starts (July 2025)

Canadian housing starts increased 4 per cent from the previous month, totalling 294,085 units in July at a seasonally adjusted annual rate (SAAR). Starts were up 7 per cent from the same month last year. Single-detached housing starts decreased by 1 per cent from last month to 55,740 units, while mu

BC Housing Market Sees Summer Momentum as Sales Edge Higher in July 2025

The British Columbia Real Estate Association (BCREA) reports that the provincial housing market continued to show signs of resilience in July 2025. A total of 7,056 residential unit sales were recorded on the Multiple Listing Service® (MLS®) Systems, marking a 2.2% increase compared to July 2024. Th

Canadian Employment (July 2025)

Canadian employment decreased by 0.2 per cent from the previous month, losing 41,000 jobs to 21.020 million in July. The employment rate fell by 0.2 points to 60.7 per cent, while the unemployment rate remained unchanged at 6.9 per cent. Average hourly wages rose 3.3 per cent year-over-year to $36.1