Canadian home sales plunged in February, spooked by tariff concerns

March 17, 2025

Global Tariff Uncertainty Sidelined Buyers Canadian existing home sales plunged last month as tariff concerns moth-balled home buying intentions.  According to data released Monday by the Canadian Real Estate Association, transactions fell 9.8% from January. Activity was at its lowest level since November 2023. Benchmark home prices declined 0.8%, and new listings plunged, more than reversing January’s gains. Housing continues […]

Canadian Job Growth Stalls in February

March 7, 2025

Weak Canadian Job Creation Opens The Way For BoC Easing Next Week Today’s Labour Force Survey for February was weaker than expected, showing de minimis job growth last month. Employment held steady in February (+1,100; +0.0%), following three consecutive monthly increases totalling 211,000 (+1.0%) in November, December and January. On a year-over-year basis, employment was up by 387,000 (+1.9%) in February. The employment rate—the […]
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