The epicentres of household growth will likely shift soon from Ontario and British Columbia to the Prairies.
Is household formation peaking in Canada’s hottest real estate markets?
“Even by the slowest measure, a rise in household formation is expected,” Better Dwelling said. “However, traditionally high growth markets should begin to peak right around now. Replacing them as growth leaders are places with younger families.”
The ratio of household debt to disposable income rebounded in the third quarter as borrowing increased, while a key metric of financial pressure also ticked back up.
Household Debt Ratio in Canada Climbs on Renewed Borrowing
Household credit market debt rose to 170.7% of disposable income on a seasonably adjusted basis in the third quarter, from a revised 162.8% previously, Statistics Canada said Friday in Ottawa. That’s after mortgage borrowing rose to a new high, while household disposable income decreased, the agen…
Although 3D printers are still a ways off from becoming a mainstream household item, they’ve already shown nearly unlimited potential.
What would you print out first?
