Free Trial

Some Cooling Off In Vancouver Housing

CANADA
  • The composition-adjusted benchmark price index increased 18.9% Y/Y in April after two months at 21% Y/Y.
  • There was also a modest stepping back in the sales to active listings ratio from 57% to 53% but it remains extremely elevated (historically seen as boosting prices once above 20%).
  • The BoC sees national housing price growth as unsustainable, something that this report does little to materially change but it is a marginal step softer.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.