Canadian Home Sales Slow for Fourth Consecutive Month
Today the Canadian Real Estate Association (CREA) released statistics showing national existing home[…]
Bank of Canada holds overnight rate again, may see hike mid way through 2022
As we await the quarterly economic forecast in next month’s Monetary[…]
An excellent showing for Canadian job growth as the economy rebounded in September with the easing of COVID restrictions. Jobs increased by 157,100, and the jobless rate fell to 6.9% from 7.1%.
Statistics Canada released the September Labour Force Survey this morning, providing[…]
Existing home sales rose 0.9% on a month-over-month (m/m) basis in September, marking the first monthly increase since March. Home prices continued to re-accelerate last month.
Today the Canadian Real Estate Association (CREA) released statistics showing national existing-home[…]
In October, Canadian home sales surged 8.6%, ploughing through a modest rise in new listings as prices continued to edge higher.
Today the Canadian Real Estate Association (CREA) released statistics showing national existing-home[…]
Canadian Inflation Hits 18-Year High
StatsCanada today reported that consumer price inflation rose to 4.7% from[…]
Surprising markets, the Bank of Canada held the overnight rate steady, as we expected, signalling they will remove emergency stimulus and raise the target policy rate when they meet again in March. Th
While markets were 70% certain the Bank would hike their overnight[…]
Major Setback in Canada’s January Employment Report
Statistics Canada released the January Labour Force Survey this morning, reporting[…]
Canadian Inflation Rose Again in January to 5.1% y/y, Pressuring The Bank of Canada to Hike Rates in March
StatsCanada today reported that consumer price inflation rose to 5.1% from[…]
Canadian Home Sales Rose in February as New Listings Increased Sharply
New Listings Finally Show Some Life Statistics released today by the[…]
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