StatsCan reports surge in foreign buying for August, as Canadian investors trim offshore portfolios
Multi-unit urban starts up 16%, single-detached urban stays flat
Yields on 10-year government bonds up, BoE ends emergency intervention
Americans ‘very concerned,’ pulling back on vehicles, electronics, furniture
Sellers can hold out for better market conditions: BMO
Nearly two-thirds of respondents took recessionary risk mitigation measures
Housing affordability will not improve due to rising interest rates
Prices up 6.6% excluding food, energy; 8.2% overall
Leading indicators signal slowdown, but jobless rate unchanged
Average sales growth forecast to fall 16%