Contrary to American housing markets, Canadian housing sales have continued to grow this year.
"The slowdown in the U.S. economy may not be good for exports, but it is good for the Canadian housing market, the nation's real estate industry association said Friday.
The Canadian Real Estate Association said the ensuing slowdown in the Canadian economy will help keep a lid on mortgage rates, possibly even resulting in a cut in rates.
There were 27,657 homes sold in major Canadian markets last month, which when adjusted to remove seasonal ups and downs, was 1.5 per cent more than in July, the association said.
While the number of homes sold last month was down 6.6 per cent from August 2005, the number of sales so far this year were still up 1.4 per cent from last year's record pace and on track for a new all-time high this year, the association said."
Thanks to John Koch-Schulte
FULL STORY: Cooling U.S. economy good for Canadian housing market

Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

In Urban Planning, AI Prompting Could be the New Design Thinking
Creativity has long been key to great urban design. What if we see AI as our new creative partner?

King County Supportive Housing Program Offers Hope for Unhoused Residents
The county is taking a ‘Housing First’ approach that prioritizes getting people into housing, then offering wraparound supportive services.

Researchers Use AI to Get Clearer Picture of US Housing
Analysts are using artificial intelligence to supercharge their research by allowing them to comb through data faster. Though these AI tools can be error prone, they save time and housing researchers are optimistic about the future.

Making Shared Micromobility More Inclusive
Cities and shared mobility system operators can do more to include people with disabilities in planning and operations, per a new report.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
planning NEXT
Appalachian Highlands Housing Partners
Mpact (founded as Rail~Volution)
City of Camden Redevelopment Agency
City of Astoria
City of Portland
City of Laramie