House price data from Teranet

  • Prices up 0.2% m/m vs 0.0% prior

The data from March 2017 has rolled off now. That was a big month so the comps are going to get tougher. Tomorrow CREA is out with housing data that could be a tough one for the loonie.

Steve Eisman (from The Big Short) was out today expressing some worries about Canadian banks as well because of housing.