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MLN Bulletin: Apr 23, 2023

Today's report... •  The latest from RateLand •  CMHC boosts multi-family insurance premiums (Click links above for stories) This & That * Wide gap: New condos in Toronto are being sold for roughly $300 more per square foot than resale units, says Jamie Johnston, owner of RE/MAX Condos Plus. "

The latest from RateLand

Fixed-mortgage funding costs eased this week—ever so slightly. The impetus was two-fold: 1. continued blow-over of U.S. banking worries, and 2. more signs of disinflation (among other things, average core inflation slid from 4.8% to 4.5%, and preliminary March retail sales estimates looked grim).
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