fell 45 per cent year-over-year in the month, dropping to the lowest levels since the early days of pandemic lockdowns back in April 2020. Prices didn't fare much better – the benchmark price in the region was down 14 per cent from a year earlier to just shy of $1.08 million as the rising cost of borrowing and subsequent tougher mortgage stress tests weigh on activity.
Shares of Nordstrom are soaring in the premarket – up nearly 30 per cent – after the Wall Street Journal reported meme-stock investor Ryan Cohen has built a sizeable stake in the company.Notable data: U.S. Employment Report, ISM Services PMI, TRREB to release January housing market statistics Notable events – Finance Minister Chrystia Freeland meets with provincial finance ministers in Toronto
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