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Market Impact: 0.35
Home Sales in Canada Decline as Trade War With the US Escalates
Source: Bloomberg
Housing & Real EstateTrade Policy & Supply ChainTax & Tariffs
Canada's housing-market momentum stalled in August as U.S.-Canada trade negotiations collapsed and both countries imposed new tariffs on each other's goods. The escalation introduces uncertainty for consumer confidence and housing demand, creating a near-term headwind for Canadian real estate activity.
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