Transition to higher interest rates creates risk, the central bank governor said
Strong inflation data coupled with housing market rebound makes case for more BoC tightening
The year-over-year sales decline was markedly smaller than the drops reported in recent months
StatsCan reports record non-residential permit activity in March
April's average price tumbled 7.8% from a year ago, but was still roughly 4% higher than the March average.
The federal housing agency predicted home prices, sales will see year-over-year declines in 2023
Mortgage debt rebounds alongside housing market; credit card debt climbs too
Housing market, bank liquidity and the commercial real estate sector top the regulator's list of concerns
Average price to top $700,000 in 2024
Further upward pressure on rents is expected in the coming months