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The average selling price of a home in Canada decreased by 3.9% year-over-year to $724,800 in July 2024. [74] Sales of new condo units in the first half of the year fell 57% from the previous year, marking the slowest pace in 27 years in Toronto [ 75 ] and all housing inventory in Vancouver increased by 39% compared to the year prior, rising ...
Annual inflation increased to 8.3% in August 2022, in part due to rising grocery prices. [154] In September, the Fed increased the interest for a fifth time in the year reaching a 14-year high. [155] In November 2022, the year-over-year inflation rate was 7.1%, the lowest it has been since December 2021 but still much higher than average. [156]
In 2023, Canada and Mexico accounted for nearly $120 billion worth of U.S. motor vehicle imports, which totaled about 47% of all such vehicles imported that year. Canada and Mexico made up nearly ...
With respect to energy prices, Parsons said his research showed that gas prices could rise by 70 cents as a result of the tariffs on Canadian crude oil, even with the carve out of a lower tariff ...
Canada's Food Price Report provides a forecast of Canadian food prices and trends for the coming year. [1] [2 ... with food prices expected to rise between 1.5% to 3. ...
After several fits and starts, the travel industry recovered, prices started rising, and the average cost of airfare topped out at $319 in June 2022. It has since fallen to about $270. More From ...
The leader of Canada's main opposition party on Wednesday said a surge in inflation last month highlighted the failure of Prime Minister Justin Trudeau's economic policies, and urged Canadians to ...
2012 Aysén protests due to the high cost of living in Patagonia. A cost-of-living crisis refers to a socioeconomic situation or period of high inflation where nominal wages have stagnated while there is a sharp increase in the cost of basic goods, such as food, housing, and energy.