China leads global drop, Canada down too, defying rich country rise
Curbs on foreign workers will hurt in short run, but represent a return to pre-pandemic levels
The U.S. housing market has been in a sales slump dating back to 2022
Despite stronger inflation, jobs, BoC may still cut rates
Sales were down 3.3% from December
Underlying outlook is positive, but tariffs a dark cloud for housing
Early indications point to progress on immigration, but goals remain distant
Elevated mortgage rates, rising home prices and few properties on the market were to blame
Better integrating immigrants could solve productivity puzzle
Lower rates, pent-up demand to drive homes prices up 4.7% in 2025