Breaking
Posted 40 min ago
Canada Existing Home Sales Fall 0.7% in August
Canadian existing home sales declined 0.7% month-over-month in August, worse than the 0.5% decline forecast and reversing the prior month's 0.5% gain. The miss signals continued housing-market weakness, a concern for the Bank of Canada as it weighs rate cuts amid persistent inflation. USD/CAD may edge higher on softer domestic data.
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