REAL ESTATE MARKET SLOWDOWN AFFECTS GDP!

Sunday Sep 05th, 2021

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A major driver of Canada’s second-quarter GDP contraction was a significant decline in housing sales and construction activity, according to BMO economist Sal Guatieri.

Residential construction slowed down by 12.4% annually during Q2, despite an upswing in home building and renovation spending. # SANDI HALOERN # REAL ESTATE # SLOWDOWN

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