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.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
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.
Lire la suite »
Central African bank regulator reminds member states of crypto ban, Reuters reportsThe reminder came after a chaotic week for crypto when the linked meltdown of the algorithmic stablecoin UST and Terra's native Luna asset resulted in big losses for many.
Lire la suite »
Akron bank robber who claimed he had a bomb is on the loose, police sayAkron Police confirmed the masked suspect who robbed Key Bank by handing the teller a note that he had a bomb and demanded money is on the loose, and detectives need help finding the suspect.
Lire la suite »
Romeoville bank gunman ID'd after 'exhaustive search' for his family, coroner saysGregory Walker, 65, of Crest Hill, has been identified as the gunman inside a Romeoville bank who was shot and killed by a SWAT team member.
Lire la suite »