This & That: May 11

  • Housing liftoff: Real estate markets around the nation blasted off in April. It's going to make CREA's data release on Monday one to watch. Rumour is, the numbers are going to surprise a lot of people. If sales and prices surge as suspected, it'll reinforce buy-the-dip sentiment. It could even trigger a mini FOMO stampede of buying before summer. Alas, it could also light a fire under OSFI to roll out more, stiffer and/or quicker underwriting restrictions.
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