- Prior was +0.2%
- Prices up 3.6% y/y vs +5.7% prior led by Alberta
- Prices in Toronto +0.8% y/y
- Full report
There are some real creaks appearing in the Canadian housing market and that’s a big reason the Bank of Canada will likely ride to the rescue next week with a second consecutive rate cut.
This article was written by Adam Button at www.forexlive.com.
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