Home sales in B.C. were down again in February, a slump the British Columbia Real Estate Association continues to blame on federal mortgage lending restrictions.
The average MLS residential price in the province was $678,625, a decline of 9.3 per cent from February 2018, according to the BCREA. “As a consequence, and despite a strong B.C. labour market, sales remained slow in February,” he said, in a statement.
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U.S. consumer prices rise in February, but underlying inflation slowingThe report from the Labor Department on Tuesday also showed benign underlying inflation last month, which together with slowing economic growth, support the Federal Reserve’s ‘patient’ approach toward further interest rate increases this year globebusiness Here’s a fact: The Canadian Loonie is worthless. After all taxes (city, provincial & federal) are paid, The loonie doesn’t purchase much in Canada. eh ? The economy in Canada isn’t doing well.
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