- Sales volumes were up 3.7% m/m in January
- Activity +22% y/y
- New listings up 1.5% m/m
- Home prices index -1.2% m/m and +0.4% y/y
I've grown a bit more optimistic about Canadian housing and the critical spring market this year but it's early days and the recent 50 bps rise in Canadian benchmark 5-years won't help.
