Strong May Housing Market Likely Triggered Recent BoC Rate Hike – June 15 2023
Posted by: Matthew J. Charlton
JUNE 15 2023 Strong May Housing Triggered BoC Rate Hike The Canadian Real Estate Association says home sales in May rose 5.1% month-over-month (m/m), adding to the 11.1% gain in April. This brought the year-over-year sales gain to 1.4%, The first y/y sales increase in almost two years. While spring home sales started booming (compared […]
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