TD Economics

Home sales slow in October as many buyers have already ‘gone into hibernation’: CREA

Home sales in Canada last month ticked up on an annual basis but fell 5.6 per cent compared with September as the Canadian Real Estate

Home sales, prices will likely fall in short term but pick up next spring: TD report

Real Estate, Residential

A new report by TD Economics predicts Canadian home sales and average prices will fall over the coming months but pick up by the second

BoC holds key interest rate at 5%, keeps door open to more hikes in case of sticky inflation

Canada & World

The Bank of Canada held its key interest rate steady at five per cent today, noting there are clearer signs of the economy cooling and

Inflation likely gained pace in August, economists expect, reversing progress

Canada & World

Economists are forecasting inflation reaccelerated to around four per cent last month, reversing previous progress made as gasoline prices push inflation higher.

Inflation likely slowed again in April, but economists say wage growth a top concern

Canada & World

Canadians’ wages are finally growing faster than prices as inflation continues to ease, but that isn’t necessarily good news for economists.

Average home price to end the year 4.8% lower than 2022, will rise 4.7% in 2024: CREA

Real Estate, Residential

The Canadian Real Estate Association expects the average price of a home to end the year 4.8 per cent lower than 2022, but says prices

High gas prices may have curbed downward inflation trend in January: economists

Canada & World

Economists have been encouraged by recent month-to-month trends, which have shown prices have been rising at a slower pace.

Home sales in Canada post worst start to the year since 2009: CREA

Residential

The drop came as January sales also fell on a month-over-month basis as they dropped three per cent compared with December.

Canadian labour market shows no signs of slowing despite high interest rates

Canada & World

Employment growth in Canada blew past economists’ predictions in January, even as forecasters had expected higher interest rates to weigh on the labour market.