Canada’s consumer sentiment rebounded from a four-week slump after January job gains bolstered optimism and the nation’s currency pared losses.
Canadian home sales fell for a fifth month in January on fewer transactions in Toronto and Vancouver, adding to evidence the nation’s housing market is cooling.
Canadian existing home sales fell in December for a third month as the real estate market ended the year on a soft note after surging for much of 2013.
Who better to promote Toronto’s slumping condo market than the Material Girl.
An “ugly” end to the year for Canada’s job market is threatening to undermine consumer confidence that’s grown from the first quarter of 2013.
Canadian existing home sales fell for a second month in November, adding to evidence the market has begun to cool after surging earlier this year.
Surging stock prices and a real- estate rally sent confidence levels to the highest in eight weeks, according to a measure of Canada’s economic mood.
Canadian consumer confidence declined for a second straight week as pessimism grew about the outlook for the economy and real estate prices, according to the Bloomberg Nanos Canadian Confidence Index.
Following is the text of the national resale housing activity from the Canadian Real Estate Association (CREA).