Why housing costs are driving up inflation, despite the real-estate downturn
A house for sale in Ottawa on June 15.Spencer Colby/The Globe and Mail Canada’s housing market is plunging as higher interest rates scare off potential buyers. Even so, the effects of the slowdown are not showing up in the country’s red-hot inflation numbers. As the real-estate sector cools, the cost of owning or renting a … Read more