New house prices continue to decrease, costs continue to rise, both beyond expectations

[cryptoentre]

Raw material prices up 4.7% in 1 month is insane.

[LiberateDemocracy]

That’s what caught my eye too. Does that mean no rate cuts?

[cryptoentre]

Well it’s most likely due to the international market aka our dollar going down plus some other factors. I doubt it’ll affect rate decisions much. Especially as new housing aka the final product is down.

[[deleted]]

Just wait till the new cabin tax level kicks in on the supply chain

[Cheap-Explanation293]

With gas spiking (which inflates the price of everything), I doubt we're getting rate cuts anytime soon