Canadian Real Estate Is Falling Off A Cliff

On the 'plus' side, unemployment is at an all-time, never been seen before low, at 5.2% Meanwhile, there are a whopping 862,000 job vacancies at the same time. The economy looks good, right? Well, stepping back a bit, wage growth is only at 3.4% while inflation is around 7%, making wage growth negative. Businesses are raising prices faster than salaries and the FIRE industries shed jobs at the highest rate in 4 years.When it comes to housing, sales in T...