Hello, everyone.
I provide you with Canada’s news headlines for real estate news for today.
Now that the Bank of Canada has scratched the interest rate itch, get ready for more
According to Financial Post,
Many of the world’s central bankers, including in Canada, had been stubbornly tied to low-for-longer interest-rate regimes following the recession. That time has ended
The detail is here.
CANADA: The consumer price index was flat in June
According to FXStreet,
The consumer price index was flat in June in seasonally adjusted terms allowing the year-on-year inflation rate to drop three ticks to 1.0%, its lowest level in 20 months.
Inflation in Canada was below expectations for a fifth month in a row. However, the fact that transportation was the only category showing a decline indicated that the weakness was far from widespread. Due to a positive base effect, we expect annual inflation to bounce back in July.
The detail is here.
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Jethro Seymour, Toronto Real Estate Broker, Looking For Best Davisville Real Estate Listings? Contact Me!
Also published on Medium.
