Prior was +0.2%Prices up 3.6% y/y vs +5.7% prior led by AlbertaPrices in Toronto +0.8% y/yFull report
There are some real creaks appearing in the Canadian housing market and that’s a big reason the Bank of Canada will likely ride to the rescue next week with a second consecutive rate cut.
This article was written by Adam Button at www.forexlive.com.