HOME SALES DIPPED AND BOC RATE HIKES
General Jon Muir 15 Sep
Home Sales Dipped and BOC Rate Hikes Not surprisingly, buyers moved to the sidelines last month as the central bank took the overnight policy rate up to 5.0%. Home sales posted a 4.1% decline between July and August, well below the 10-year moving average shown in the chart below. However, on a year-over-year (y/y) basis, […]
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