Here are your top three headlines impacting markets this Tuesday morning.
- Canada’s inflation rate is expected to have slowed to 3.2% in October, this would be the lowest level since June when price growth slowed to 2.8% the lowest level since April 2021.
- NOT JUST THE US: The shock that rippled through global housing markets as central banks rapidly raised interest rates last year has given way to a cold new reality: The real estate bonanza that fueled wealth for millions of people is over…(Bloomberg)
- Big public companies that rent out single-family homes are beating the rest of the rental market this year, thanks to tenants who are paying large rent increases on the sorts of homes they increasingly can’t afford to buy…(WSJ)