Canadian house prices fell for the fourth consecutive month in April ...Middle East

In year-over-year terms, prices eked out a 0.2% gain nationally after a 2.3% increase the month before. There is strength in Quebec while the Toronto area is struggling with the city down 3.5% y/y.

Today's CPI report won't help as it's dimmed the pricing for a June cut to just 39%. Canadian benchmark 5-year rates are also up to 2.88%, which is near the top end of the range since February.

This article was written by Adam Button at www.forexlive.com.

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