Total job vacancies declined 3.2% to 500,300, with 3 unemployed Canadians for every available position. Payroll employment softened in construction, retail, accommodation, and food services, while rising in public administration.
Average asking rent in Canada declined 4.7% year-over-year in April, falling by $100 to $2,027, marking the 19th consecutive month of year-over-year declines.
Is renting really "throwing your money away"? We sat down with @benjaminfelix for the latest episode of The Rent Report podcast to discuss his research on financial outcomes of homeownership vs. a "rent and invest" strategy over the past 20 years in Canada
Following a fourth consecutive year of dropping sales, completions are expected to fall in 2026 and 2027. By 2029, Urbanation says virtually no new condos are expected to be delivered.
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