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Canada April new housing price index -0.4% vs 0.0% prior

Canada April new housing price index -0.4% vs 0.0% prior

News
Adam Button
21/05/2025 | 12:34 GMT
  • The market for new housing is slowing
Housing starts
  • Prior was 0.0%

The cracks in the Canadian housing market are growing and help isn't coming. The latest CPI number drastically cut the odds of a BOC rate cut in June (odds now just 31%) and Canadian yields are following the global trend higher.

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