Posthaste: The way the housing market is stalling, the Bank of Canada may have to hit the brakes sooner than expected

  • 📰 TheStarPhoenix
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

ICYMI: The way the housing market is stalling, the Bank of Canada may have to hit the brakes sooner than expected — via financialpost housingmarket mortgagerates

The numbers are in and, as one economist puts it, April was the cruellest month for the housing market.

Aside from Calgary and Edmonton, home sales in other major Canadian markets have sunk below their pre-pandemic levels, says Capital Economics. “April proved to be the cruellest month for the housing market, with the recent jump in mortgage rates causing large falls in sales across the country,” wrote Capital’s senior Canada economist Stephen Brown.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 253. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Public Consultations Reveal Positive Interest in Bank of Israel’s Digital Shekel – Finance Bitcoin NewsA survey by Bank of Israel has returned mostly positive responses from stakeholders regarding the possible issuance of a digital shekel. People who give up are people who lose in life, my first experience happened to be a failure but I never gave up cause I knew it was going to work out for me trying continuously, fortunately I’m smiling today by getting involved with kelvinRsoltani nice project KamalMuzahid mkmuzahid0 mkmuzahid420 sunnyis82889724 mkmuzahid0 Not sure if this is related to the crypto verse or not
Source: BTCTN - 🏆 531. / 51 Read more »