Canada May Teranet house price index +0.5% m/m ...Middle East

Prices up 0.5% seasonally adjustedPrices up 1.7% non-seasonally adjustedPrices up 5.7% y/yPrices are 2.04% from the May 2022 peakLeading cities y/y:Calgary 16.4%Halifax 11.4%Vancouver 8.7%Toronto +2.8%The early indications from the Bank of Canada rate cut were a bit of a surprise as it sparked a jump in listings rather than a jump in buyers."The increase observed in May was entirely due to a rise in prices in the non-condo segment (+0.7%), while condo prices have remained relatively stable since August 2023 as inventory in this segment continues to accumulate," Teranet reports. "While record population growth, the shortage of housing supply and the start of rate cuts by the Bank of Canada wi

Read More Details
Finally We wish PressBee provided you with enough information of ( Canada May Teranet house price index +0.5% m/m )

Also on site :

• Ukrainian teachers told to pretend they can’t speak Russian
• Couple Bring Cat To Vet, Realize Something Heartbreaking Once They Arrive
• Kylie Jenner’s Stunning European Vacation Snapshots Are Giving Us Major Life Goals Envy