Canadian home sale rose in July in broad gains as markets start to recover from the stress test tightening last year, though economists say global concerns raise some uncertainties for the future.
After enduring bidding wars and skyrocketing home prices, would-be homebuyers are facing a relatively new dilemma: jump in to take advantage of lower national average prices or tread cautiously to avoid making a costly mistake.
The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter the impact of U.S. President Donald Trump's trade wars, stubbornly low inflation and global weakness.
Housing prices in Canada are not sustainable and rising much faster relative to how much people are making or paying for rent, according to research from Bloomberg
