Widespread shortage of homes in Canada: Royal LePage president
Consultation considers array of tools to address rising debt service risks
Prices down 0.1% month over month as cost of gas, used autos decline
A rise in worker absences is contributing to labour costs and inflation, CIBC says
As inflation eases, optimism rises
Home prices are expected to reach their bottom sometime in early 2023, after declining 20% from peak to trough
Rather, the economy reacts more strongly to negative news
U.S. unemployment at 53-year low of 3.5%, wage growth at 4.6% in December
December rate of 9.2% down from 10.6% in October but energy prices up 25.7%
Wages up 5.1%, unemployment rate at 5.0%