The association expects a total of 474,972 residential properties to be sold this year
High earners feeling the effects, but have more capacity to absorb rising costs
Recent economic data reveals the impact of energy price shock
The increase came as sales rose in 12 of the 21 subsectors Statistics Canada tracks
Middle East conflict exacerbating existing strains on financial markets
While many Canadians are doing OK, those who are struggling are falling farther behind
Consumer prices rose 3.3%, up from 2.4% in February
The unemployment rate remained unchanged at 6.7%
It's the largest drop in asking rents in five years
"Had it not been for this shock, we would have been upgrading global growth," Georgieva says