Sales of new homes last month rose 1.5%, following an increase in July as well
Tight supply is driving the increase in housing costs
New listings for the month totalled 4,487
There was a 19.9% drop in the number of Toronto homes sold compared with the same time a year ago
Prices continue to rise in both cities as demand outstrips supply
Overall consumer debt now stands at $2.15 trillion
The frenzied pace of sales is starting to slow across the country
Global housing prices surged in Q1 led by advanced economies, BIS reports
Canada's political parties want to address the current cost of living crisis
The First Home Savings Account would allow Canadians under 40 to save $40,000 toward a home purchase