Inflation Archives - Better Dwelling

Global Stagflation Reminiscent of The 1970s Is Forming, and It’s Bad News: National Bank

Daniel Wong — Thu, 07 Oct 2021 02:10:49 +0000

Dust off the disco ball and rolled up dollar bills, because the 1970s are back. At least the signs of 70s-style stagflation are forming, according to one of Canada’s Big Six banks. National Bank of Canada (NBC) chief economist Stéfane Marion warned clients of the rising risk of global stagflation. Rising oil prices, soaring food […]

The post Global Stagflation Reminiscent of The 1970s Is Forming, and It’s Bad News: National Bank appeared first on Better Dwelling.

Central Banks Should Be Ready To Act Swiftly If Inflation Isn’t Transitory: IMF

Daniel Wong — Tue, 27 Jul 2021 22:37:21 +0000

High inflation is probably transitory, and central banks should tell people that… but totally be ready in case they aren’t. That’s the take from the IMF today, who released its latest global outlook. The agency said high inflation should ease, and central banks should communicate that message. However, it may not be transitory, and monetary […]

The post Central Banks Should Be Ready To Act Swiftly If Inflation Isn’t Transitory: IMF appeared first on Better Dwelling.

Canadian Home Building Costs Are Surging Higher, Especially In Greater Toronto

Daniel Wong — Thu, 06 May 2021 19:30:37 +0000

More data from Canada’s national statistics agency shows home builder costs are soaring. The Statistics Canada (Stat Can) residential construction cost index surged higher in Q1 2021. Since the issue is largely material related, the impact is across Canada. Cities like Toronto, with recent building booms, are seeing costs jump the most though. Canadian Home […]

The post Canadian Home Building Costs Are Surging Higher, Especially In Greater Toronto appeared first on Better Dwelling.

Toronto and Vancouver See Cost of Living Rise Over 20% Faster Than The Rest of Canada

Daniel Wong — Mon, 26 Mar 2018 14:20:49 +0000

First housing, now everything else. Statistics Canada (StatsCan) numbers show the cost of living is rising faster than anticipated. The Consumer Price Index (CPI), a common measure of inflations, showed a huge jump over the past 12 months. This jump was spread across the country, but Toronto and Vancouver observed even higher than average increases. […]

The post Toronto and Vancouver See Cost of Living Rise Over 20% Faster Than The Rest of Canada appeared first on Better Dwelling.

Toronto Real Estate’s Newest Lie: Rent Controls Force Landlords To Lose Money

Stephen Punwasi — Wed, 21 Mar 2018 13:09:08 +0000

The Toronto real estate scene appears to be grossly misinformed when it comes to rent controls. Since Ontario announced the Fair Housing Plan, real estate agents, developers, and even politicians have said the province is attacking landlords. You’ve probably heard someone on the news, or even a friend, discuss how the “unfair” the new Rental […]

The post Toronto Real Estate’s Newest Lie: Rent Controls Force Landlords To Lose Money appeared first on Better Dwelling.

Canada Didn’t Skip The Great Recession, We Delayed It. Here’s The Chart

Stephen Punwasi — Fri, 02 Mar 2018 15:04:22 +0000

Canadians didn’t experience the Great Recession, not to the extent that the rest of the world did. Sure, we logged a few quarters of Gross Domestic Product (GDP) declines, but there aren’t all that many heartbreaking stories of loss in Canada. This is often credited to the shrewd moves the Bank of Canada made. Rather […]

The post Canada Didn’t Skip The Great Recession, We Delayed It. Here’s The Chart appeared first on Better Dwelling.

Canadian Interest Rates Were Raised On Junk Employment Data

Stephen Punwasi — Fri, 19 Jan 2018 13:53:13 +0000

Canadian real estate prices are closely related to employment and interest rates. Here's why we might be looking at employment numbers wrong, and how that may have contributed to a premature rise in interest rates.

The post Canadian Interest Rates Were Raised On Junk Employment Data appeared first on Better Dwelling.

This Week’s Top Stories: Toronto Is Home To 896,000 Mortgages, and How The Uber Rich Can Destroy Neighborhoods For Fun and Profit

Better Dwelling — Sun, 05 Nov 2017 15:26:29 +0000

Toronto real estate prices are down 9% from peak, and how to use property as an alternative investment – even though it can ruin cities.

The post This Week’s Top Stories: Toronto Is Home To 896,000 Mortgages, and How The Uber Rich Can Destroy Neighborhoods For Fun and Profit appeared first on Better Dwelling.

Canadian Inflation Grinds To A Halt, Hits 20 Month Low

Kaitlin Last — Tue, 25 Jul 2017 21:45:44 +0000

The Canadian consumer price index, one of the key indicators of inflation, fell to a 20 month low in June.

The post Canadian Inflation Grinds To A Halt, Hits 20 Month Low appeared first on Better Dwelling.

Canada’s Inflation Hits A Low For 2017, Making An Increase In Interest Rates Tricky

Kaitlin Last — Mon, 26 Jun 2017 12:58:21 +0000

Canada saw the consumer price index (CPI) slip, falling to a low for 2017. This could put a hiccup in rising interest rates anytime soon.

The post Canada’s Inflation Hits A Low For 2017, Making An Increase In Interest Rates Tricky appeared first on Better Dwelling.