3min chapter

The Loonie Hour cover image

The Wealth Effect Created One Third Of Inflation

The Loonie Hour

CHAPTER

Is the Real Estate Market Slowing Down or Is It a Pandemic?

The housing boom is unwinding and people are just taking a bit more time I don't know so it's hard to say. Business insolvencies jumped 58% year over year in November with monthly filings hitting the highest since 2019 led by a 74% increase in the construction sector. It's kind of playing out as one would expect One thing I'd like to ask for in all of our listeners share with us any anecdotal stories that you have that you are seeing either Yeah recession is starting or yeah no sign here.

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