Canada's home sales inched up 2.3% in February, but all eyes are on spring market

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 80%

Business News News

Business Business Latest News,Business Business Headlines

The slowdown in Canada\u0027s housing market might be turning around with one of the most anticipated spring markets in recent history. Read more

Play Video

The agency, which represents more than 100,000 realtors nationwide, reported that the number of homes sold in February decreased by 40 per cent from the record-breaking February experienced a year earlier — just before the Bank of Canada began itsSign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

store until the spring,” Jill Oudil, Chair of CREA said in the report. “While we’re not seeing it in the sales or listings data just yet, I would expect homeowners are getting properties ready for the market and prospective buyers are getting mortgage pre-approvals.”Article content

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Interest rates going up again.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in BUSİNESS

Business Business Latest News, Business Business Headlines