The Abramov Report

Real Estate Market Memo

The Last 30 Days


  • Inflation rose 1.7% on a year-over-year basis in May

    24-JUN-25 Statistics Canada

    Shelter prices grow at a slower pace. Prices for travel tours and air transportation fall in May. Gasoline prices continue to decline year over year. Slower decline year-over-year for cellular services. Prices for new cars grow at a faster pace year over year.



  • Investment in building construction decreases, April 2025

    19-JUN-25 Statistics Canada

    Investment in the residential sector decreased 4.5%, while the non-residential sector edged down 0.3%. Multi-unit component leads residential construction decline



  • Building permits decreased, April 2025

    11-JUN-25 Statistics Canada

    Building permits issued in April fell by 6.6% from the previous month and by 16.4% on a year-over-year basis. Multi-family construction intentions weigh down residential sector. Ontario leads non-residential sector gains.