Highlights:

- After pulling off what could be best called a 'crunchy' or turbulent landing, but most importantly avoiding the worst-case crash scenario, the GTA condo market is expected to stay grounded until a sustained economic recovery takes hold.

- Buyer market conditions seemed entrenched as we entered into recession. However, while soft, resale market conditions have not deteriorated significantly over the last few months of available data. To the contrary, they have in fact improved, supporting our view that, ...

- ... as argued in a recent report1, conditions are not expected to mirror those in the U.S., which were largely brought on by shaky mortgages built upon lax credit conditions and chronic overbuilding.

  • Boeing Announces Layoff Months After Trump's Visit

    Five months after President Donald Trump visited a Boeing factory in South Carolina, the company on Thursday announced that it would be laying off “fewer than 200 people.” In 2017, the company had issued more than 400 layoff notices, reports said.