A late spring rebound offered encouraging signs of improvement in Canada’s housing market following a slower start to the year. However, stalled trade talks and ongoing economic uncertainty continued to weigh on buyer confidence throughout the summer, keeping many prospective homebuyers on the sidelines and limiting sales activity. These conditions have carried into the fall, […]
Category: Market Trends
Canadian home sales dip in September as fixed mortgage rates climb: CREA
Canada’s housing market took a step back in September, with national home sales, new listings and prices all edging lower, according to the latest report from the Canadian Real Estate Association (CREA). The pullback ends a four-month run of modestly positive progress and follows a fresh jump in fixed mortgage rates at the start of […]