The Teranet-National Bank House Price Index for August was released overnight, which shows that Canadian house price growth has stalled, growing at the slowest annual rate since the Global Financial Crisis (GFC):
In the year to August, Canadian home values rose by just 1.4% – the slowest growth since October 2009. This growth was driven by Vancouver (+7.6%) and Montreal (-4.8%), whereas values in Canada’s biggest city – Toronto – fell by 3.3%.
- Private schools demand quick return of international students - September 24, 2020
- Collective amnesia hits Melbourne hotel quarantine inquiry - September 24, 2020
- Links 24 September 2020 - September 24, 2020