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Economic Commentaries

Each of these Economic Commentaries focuses on short-term trends in the Greater Golden Horseshoe (GGH) compared to the rest of the province and within the GGH by census metropolitan area.

The opinions expressed in these commentaries are those of the author and should not be taken to represent opinions and views of CUR or Ryerson University. 

Employment Trends  

A review of the latest quarterly data from Statistics Canada’s Labour Force.

Quarter 3 2016 - Employment growth decelerated in Greater Golden Horseshoe again in third quarter but picked up in rest of Ontario

Quarter 4 2016 - Employment in the GGH grew much faster than in the rest of the province in 2016

Resale Housing Market Trends

A review of the latest data by housing type from CMHC’s Starts and Completions Survey.

Quarter 3 2016 - Greater Golden Horseshoe (GGH) home sales and house prices rocket higher in third quarter

Quarter 4 2016 - Escalating house prices in the Greater Toronto/Hamilton Area should sustain exodus of buyers to outside the Green Belt 
 

New Housing Market Trends

A review of the latest data from the Canadian Real Estate Association’s Multiple Listing Service (MLS) Housing Market Starts.

Quarter 3 2016 - GGH housing starts continue to trend lower in Q3 despite evidence of strong demand

Quarter 4 2016 - Ground-Related Housing Construction Rise Outside Greenbelt Outpaces GTHA

Non-Residential Construction Trends

A review of the latest data from Statistics Canada on the value of building permits issued by type of non-residential building.

Quarter 3 2016 - Despite an uptick in the third quarter, value of non-residential building permits has contracted year-to-date in the GGH

Quarter 4 2016 - Value of Non-Residential Building Permits in Greater Golden Horseshoe Drops to a Seven-Year Low in 2016