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Teranet June Canada house price index +2.2% m/m

Prices up a seasonally adjusted 2.2% in JunePrices up 2.6% non-seasonally adjusted -- fourth consecutive increaseIndex down 5.1% y/yThere's a line of thinking that the Bank of Canada made a big mistake in halting rate hikes just before the busy spring home-buying season. Tiff Macklem cited home prices as one of the reasons he hiked again this month.The problem is, you can't hike your way out of a supply shortage. This article was written by Adam Button at www.forexlive.com... Read More

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Posted: Jul 20 2023, 12:37

Author Name: forexlive

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