5 things you need to know this morning: July 7, 2023 kamloopsbcnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kamloopsbcnow.com Daily Mail and Mail on Sunday newspapers.
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Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
BMO economist Robert Kavcic presents one chart showing the sheer absurdity of the recent jump in home prices,
“If it’s not fully apparent to all parties that the Canadian housing market is boiling, this picture might convey the message… Note the acceleration. That is, the 1-month change is faster than 3-month; which is faster than the 6-month; which is faster than the 12-month. In all cases but the 12-month (and that won’t be long either), price growth has accelerated through the rates seen in 2017, when policymakers were working on multiple fronts to tame the market. Spring is now in the air and there’s litt
Canada, home of the bank stock unicorns theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.