CREA reports that Canadian home sales fell 5.8% in August, compared to July.
Prices, however, were up 1.1%.
USD/CAD is flattish today at 0.9712. In the long-term, house prices are the major risk to Canadian dollar strength.
CREA reports that Canadian home sales fell 5.8% in August, compared to July.
Prices, however, were up 1.1%.
USD/CAD is flattish today at 0.9712. In the long-term, house prices are the major risk to Canadian dollar strength.
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