Stat Can Archives - Better Dwelling

Canadians Living In Apartments Die of COVID-19 At Double The Rate: Stat Can

Stephen Punwasi — Tue, 08 Mar 2022 18:52:34 +0000

Canada released the most Canadian look at COVID-19 deaths — by including real estate. Statistics Canada (Stat Can) studied age-adjusted COVID-19 mortality rates by housing type. The national stats agency found elevated mortality rates amongst those that live in high rise buildings. This was especially true for low income households, with one key exception. High […]

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Canada Is Making A “Mistake” That Will Underestimate Inflation: Big Six Bank

Stephen Punwasi — Wed, 28 Jul 2021 22:01:00 +0000

Canadian inflation should be smooth sailing, coming in low and stable from now on. A small catch though — your cost of living may not actually see low inflation. Statistics Canada (Stat Can) consumer price index (CPI) data shows an unexpected slowdown in June. The popular interpretation for today’s release is, this proves high inflation […]

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Canadian Home Building Costs Make The Largest Jump On Record: Stat Can

Daniel Wong — Wed, 28 Jul 2021 15:10:19 +0000

Canadian home builders have faced soaring labor and material costs, and now there’s confirmation. The Statistics Canada (Stat Can) building construction price index made a record climb in the second quarter of 2021. Costs jumped significantly higher for homebuilders, even if just compared to non-residential construction. Homebuilders saw the fastest increases in “hot” housing markets […]

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Canadian New Home Prices See Largest Growth Since 2006, But It Won’t Stick For Long

Daniel Wong — Wed, 21 Jul 2021 16:26:12 +0000

Canadian real estate has been experiencing a bit of a lull, and the new home market is no exception. Statistics Canada (Stat Can) data shows new home prices saw annual growth hit a multi-year high in June. The high was due to momentum though, as price growth had been decelerating more recently. Growth appears to […]

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Canadian Employment Data Is “Odd,” and Curiously Doesn’t Match Reality: BMO

Daniel Wong — Fri, 25 Jun 2021 14:12:26 +0000

One of Canada’s top economists found the latest employment numbers “odd.” BMO chief economist Douglas Porter’s latest research note looked at employment data. Statistics Canada (Stat Can) data shows April payrolls rising, but employment falling. The agency attributed these conflicting trends to a lag in payroll, which they say is typical. Porter pulled the receipts […]

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Rising Canadian Real Estate Costs Send Inflation Soaring, and It’s Not Just A Base Effect

Daniel Wong — Wed, 16 Jun 2021 16:12:18 +0000

Canadian shelter costs are soaring, but haven’t contributed much to inflation data. That is, until now. Statistics Canada (Stat Can) updated its consumer price index (CPI) for May. The index is accelerating at the fastest rate in over half a decade, and for the most part — it’s not base-effect. Gasoline and shelter costs were […]

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