Housing and Real Estate - Canada - August 2024

Source: 满地可银行 TD Government of Canada Canada Mortgage and Housing Corporation (CMHC) Société canadienne d'hypothèques et de logement(SCHL)

Sellers Markets: City of Lethbridge City of Thunder Bay City of Moncton / Ville de Moncton ExpoCité | Site événementiel Ville de Québec City of Saint John

Buyers Market: City of Vancouver City of Toronto City of Barrie City of Peterborough City of Brantford

Source - Scotiabank

1. Housing Costs - https://betterdwelling.com/global-real-estate-prices-saw-a-boom-now-theyre-going-bust/
2. Mortgage Rules - https://financialpost.com/real-estate/mortgages/what-new-mortgage-rules-mean-to-homebuyers-banks-real-estate Financial Post "Homebuyers will be carrying mortgage payments longer. For instance, a 37-year-old who amortizes a mortgage over 30 years will still be paying it down past the traditional retirement age. Moreover, homebuyers may be tempted to spend more than they can afford because the monthly payments will be cheaper than they were under the old rules. Mortgagees will also pay interest for longer, though that tends to make up a smaller proportion of monthly payments in the later years of a mortgage".
3. Carbon Tax / Consumers - https://www.cbc.ca/news/canada/british-columbia/2008-ndp-axe-the-tax-carbon-tax-david-eby-1.7323422
4. Construction costs - https://support.symbilityproperty.com/en/support/solutions/articles/24000078429-canadian-monthly-construction-report-september-2024
5. Housing challenges - https://maytree.com/publications/below-the-surface-what-the-latest-canadian-housing-survey-data-tells-us-about-housing-need/
6. Building codes - https://buildingexcellence.ca/2024/09/16/net-zero-homes-the-future-of-homebuilding-and-renovation-going-beyond-energy-efficiency/
7. Mass timber - https://www.policymagazine.ca/building-a-sustainable-future-scaling-canadas-mass-timber-sector/
8. Construction technology - https://medium.com/@condostohome/best-pre-construction-condos-and-homes-to-consider-in-ontario-b02894d6fab0
9. Proptech- https://www.mondaq.com/canada/landlord-tenant-leases/1516742/top-five-things-to-know-about-proptech-in-canada
10. AI / Building Permits - https://www.burlingtontoday.com/local-news/city-council-approves-17-million-purchase-of-permit-streamlining-software-9494937 City of Burlington

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Paul Young CPA CGA (1996)

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Paul is a former IBM Customer Success Manager that has deployed over 300 data and AI solutions across industry and geographies for the past 8 years. Paul is a Financial Planning, Analysis, and Reporting SME working with data including integration of macro and micro indicators as part of the integrated business planning and reporting cycle.

[email protected]

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Seeking employment - https://www.dhirubhai.net/posts/paul-young-055632b_hi-all-linked-in-followers-and-contacts-activity-7199365291288506369-qGVf?utm_source=share&utm_medium=member_desktop

?Courses?—? https://www.dhirubhai.net/posts/paul-young-055632b_activity-7163302861974519809-ryf3?utm_source=share&utm_medium=member_desktop?

Blog – What is next for ESG Reporting – August 2024 - https://www.dhirubhai.net/posts/paul-young-055632b_introductory-to-esg-and-sustainability-reporting-activity-7233711298838978561-UB6d?utm_source=share&utm_medium=member_desktop

Stock Market – Australia – September 13, 2024 - https://www.dhirubhai.net/pulse/stock-market-asx-september-13-2024-paul-young-uytrc/

Stock Market Week-Ending September 14, 2024 - https://www.dhirubhai.net/pulse/stock-market-week-ending-september-14-2024-paul-young-i90ic/

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Stock Market for W/E September 7, 2024 - https://youtu.be/lw4GXHlaZAk?si=r4pzGhoHvxHLScnc or https://www.dhirubhai.net/posts/paul-young-055632b_stock-market-for-we-september-7-2024-activity-7238691424135716865-CmT6?utm_source=share&utm_medium=member_desktop

Revenue decline 3 of 5 S and P 500 - https://www.dhirubhai.net/posts/paul-young-055632b_3-out-of-5-companies-miss-revenue-estimates-activity-7238238374031941634-7Frv?utm_source=share&utm_medium=member_desktop

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The S&P 500 (#SP500) plunged 4.25% for the holiday-shortened week, posting its worst weekly performance since early March 2023.

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https://seekingalpha.com/news/4147719-3-out-of-5-companies-miss-revenue-estimates-this-week-earnings-scorecard

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