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Canadian home prices post second-largest increase ever

Canadian home prices post second-largest increase ever
Earlier today, Teranet and National Bank released the latest edition of their house price index for Canada. It showed that prices boomed 1.8% from June to July in the fifth consecutive monthly increase.The rise is the second-largest in a single month, surpassed only by July 2006. Seasonally adjusted, prices were up 2.4% m/m with Halifax, Hamilton and Vancouver leading the way.Signs of rising home prices were a big reason the Bank of Canada cited when boosting rates in June and could lead to anot... Read More
Posted: Aug 18 2023, 17:28
Author Name: forexlive
Views: 102783

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