Greatest Boom Ever

A new report has shone a light on the mountain of equity long-time homeowners are sitting on, revealing how powerful a wealth-creation tool it is in the face of rampant inflation.       Read more: https://tinyurl.com/47th6n7w    

Canada’s real gross domestic product unexpectedly contracted slightly in the first quarter of 2026, marking the second consecutive quarterly decline and meeting the technical definition of a recession.       Read more: https://tinyurl.com/yrspadtj      

Expect more rentals. Especially in areas close to downtown.       Read more: https://tinyurl.com/38jx3fyv  

Canada’s gross domestic product unexpectedly contracted for the second consecutive time to trigger talk of recession, but some economists don’t think the situation is as dire as the headline number suggests.   Read more: https://tinyurl.com/y39uczfy  

It was a monumental day  on Thursday for Cedar Ridge Homes as they held a ground-breaking ceremony for the residential piece of the Core Crossings project on the westside.       Read more: https://tinyurl.com/4j5d7etf     

Western Australia could benefit from an $8 billion boom in private rental construction, with a Perth property expert predicting changes to negative gearing will act as a “tipping point” for a new wave of home building.       Read more: https://tinyurl.com/y3pe4tsk  

New homes activity in Calgary continued to trend downward in April with starts decreasing for all housing types. Canada Mortgage and Housing Corp. statistics from last month show the city’s 1,257 starts marked a downturn of almost 60 per cent year over year.       Read more: https://tinyurl.com/244jvbdb  

The busy spring market has not been as frantic as those of recent past in Edmonton’s resale real estate market, but the recent pause in demand is likely good news for sustainable sales and price growth in the future, realtors note.       Read more: https://tinyurl.com/4cu8b9uw  

Calgary’s resale real estate market is not too hot or too cold, but whether market exhibits Goldilocks conditions depends on whether you’re buying or selling.       Read more: https://tinyurl.com/4ce339pv  

Resale real estate saw flat month-over-month activity in April, though some of Canada’s largest markets may be reversing their downward trajectories. An RBC Economics report pointed to Toronto experiencing a six per cent increase in resales in April from March. Year over year, sales grew seven per cent. That led RBC to suggest that Toronto and other large Ontario markets like Hamilton “could be finally turning around.”     Read more: https://tinyurl.com/bdzn3atv  

I have a “used” house. At least that’s what a friend with an affinity for new properties calls my approximately 40-year-old home.       Read more: https://tinyurl.com/3bzccase    

Calgary economist and author Todd Hirsch says Canadians are more resilient than they may realize, despite growing anxiety over economic uncertainty, political instability and relentless negative news cycles.       Read more: https://tinyurl.com/4vuyt5kv  

The oil and gas sector in Alberta continues to chug along, with a massive new plant announced just outside of Edmonton to the tune of $570 million.       Read more: https://tinyurl.com/cujfx3hm    

County of Grande Prairie has released numerous statistics as part of their 2025 annual report.         Read more: https://tinyurl.com/yenybmat