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watching the new-home incentive cycle

Posted on Dec 03, 2025



Builders in today’s housing market are facing a trifecta of challenges: years of elevated financing costs, weak buyer demand, and a stubborn backlog of unsold inventory.

Nationally, the number of unsold new single-family homes hit 504,000 in August, marking the highest level since 2007, just before the Great Financial Crisis. While the South is cur...

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september jobs report brings hit and misses

Posted on Nov 25, 2025

The long-delayed September jobs report has finally landed, arriving six weeks late due to the government shutdown, and bringing as many questions as answers about the direction of the labor market.

September showed a surprising 119,000 jobs added, the highest level since April. Over the summer, job creation had slowed significantly—to an average of...

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the last cut is the deepest

Posted on Oct 29, 2025



The Bank of Canada lowered its trend-setting policy rate today to 2.25%, which is the low end of the Bank’s theoretical neutral range. This was the second consecutive cut of 25 basis points, and fourth so far in 2025. The policy rate now sits at its lowest level since June 2022.

Recent data releases on inflation and the labour market in Canada have...

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projecting a lot less of more (population growth in bc)

Posted on Oct 14, 2025



British Columbia is expected to realize materially lower population growth over the next decade when compared to both the previous decade and earlier forecasts. That is the takeaway from the latest population projections from BC Stats—the province’s official statistical agency—which were published over the summer. These projections highlight the si...

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some context on canada's big job gain in september

Posted on Oct 10, 2025



Results from the September Labour Force Survey (LFS) exceeded expectations with the country adding 66,400 jobs last month, a reversal from the 106,300 cumulative job losses registered in July and August. Of note, the gain in September was driven entirely by increases in full-time positions (+106,100), with part-time employment declining by 45,600...

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real (estate) talk | September 2025

Posted on Sep 17, 2025


Following a significant easing of monetary policy from mid-2024 to early 2025, the Bank of Canada has since been on pause with US tariffs creating an uncertain global economic outlook and core measures of inflation elevated around 3%. A recent string of weak economic data, however, has increased the likelihood of additional rate cuts through the re...

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Blogs created by rennie Real Estate