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state housing shake-up reaches the desert

Posted on Jul 24, 2025


This spring, Sacramento tied the state’s budget to consequential housing reforms, forcing a contentious showdown in the Legislature. With lawmakers facing a multibillion-dollar budget deficit and mounting pressure to deliver results, a series of long-debated reforms were pushed through. While much of the policy discussion has focused on densely-pop...

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tariff inflation has arrived in the US

Posted on Jul 24, 2025


June’s inflation data showed the Consumer Price Index (CPI) rising 2.7% year-over-year, up from 2.4% in May and marking the fastest pace since February. It took several months, but the effects of the import tariffs introduced in April now appear to be materializing in the data.

The recent numbers effectively confirm what many expected: businesses w...

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holding near target

Posted on Jul 15, 2025


This morning's release of Consumer Price Index (CPI) data from Statistics Canada brought a modest uptick in headline inflation in June to 1.9%, from 1.7% in May. Canadians continued to enjoy some price relief last month owing to the removal of the consumer carbon tax in April, which will put downward pressure on the annual rate of inflation for a y...

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a summertime hiring spree

Posted on Jul 14, 2025


The latest Labour Force Survey (LFS) data release from Statistics Canada, for June 2025, showed some encouraging signs: after only adding a total of 60,700 jobs through the first five months of the year, Canada saw employment grow by 83,100 last month alone.

The month-to-month changes in the LFS are notoriously volatile and should generally be taken...

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a headline to ignore; the focus is on core

Posted on Jun 25, 2025


Today’s release of Consumer Price Index (CPI) data from Statistics Canada revealed no change in headline inflation in May versus April, at 1.7%. The removal of the consumer carbon tax in April has pulled the overall rate of inflation lower in each of the past two months—as it will until next April owing to the fact that inflation is calculated on a...

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US inflation holds for now

Posted on Jun 23, 2025


It’s a consensus view among economists and analysts that import tariffs raise prices for consumers. That assessment is informed not just by theory but by recent history.

In early 2022, as demand surged for goods like furniture, food, and other household staples, it ran into a wall of pandemic-related closures at ports and warehouses. With a limited...

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Blogs created by rennie Real Estate