Economic Indicators

CMHC says annual pace of housing starts fell 10% in July

Economic Indicators

CMHC says annual pace of housing starts fell 10% in July

Seasonally adjusted count of new starts comes in at 254,966 units in July, compared with 283,498 in June

By The Canadian Press |August 16, 2023

1 min read

Home sales see largest annual rise in two years

Economic Indicators

Home sales see largest annual rise in two years

Housing markets have settled down in recent months with prices moderating

By Staff, with files from The Canadian Press |August 15, 2023

2 min read

Decorative pattern

Economic Indicators

As inflation jumps to 3.3%, economists say uptick is bad news for BoC

Core measures of inflation eased slightly last month

By Nojoud Al Mallees, The Canadian Press |August 15, 2023

3 min read

Decorative pattern

Economic Indicators

Retail sales rose solidly last month in a sign that U.S. consumers are still spending freely

But higher interest rates are weighing on economic activities dependent on credit

By Anne D'innocenzio, The Associated Press |August 15, 2023

3 min read