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THE LATEST INFLATION NUMBERS – WHAT DO THEY MEAN?

THE LATEST INFLATION NUMBERS – WHAT DO THEY MEAN?

by jordant | Aug 21, 2023 | Current Real Estate Trends and Updates, Mortgage Rates

July Headline Inflation Rose to 3.3%, But Core Inflation Improved The Consumer Price Index (CPI) rose 3.3% y/y in July, up from a 2.8% rise in June. The acceleration in headline inflation was widely expected due to a base-year effect on gasoline prices, as a sizeable...
MARKET UPDATE- Price moderation and more inventory in July

MARKET UPDATE- Price moderation and more inventory in July

by jordant | Aug 21, 2023 | Current Real Estate Trends and Updates

Home sales in Canada slipped slightly in July compared to June.  The Canadian Real Estate Association is calling that a sign that the market is stabilizing. “Following a brief surge of activity in April, housing markets have settled down in recent months, with...

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