Canada's housing market just had the worst January since 2009

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Canada's housing market just had the worst January since 2009
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CREA said home sales in Canada were down 37% from the year before, but the spring market could surprise, says CREA. Find out more

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The Feb. 15. report found actual monthly sales in January were down 37.1 per cent from the year before. Newly listed properties rose 3.3 per cent from the month before.Start your day with a roundup of B.C.-focused news and opinion delivered straight to your inbox at 7 a.m., Monday to Friday.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

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PAST TENSE...FEB was the bottom of the housing market.

It’s about to get worse

Excellent!

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Canada's housing market just had the worst January since 2009Canada's housing market just had the worst January since 2009CREA said home sales in Canada were down 37% from the year before, but the spring market could surprise, says CREA. Find out more 'With the Bank of Canada increasingly signalling that rates are now at the top, it’s possible the spring market this year could also surprise....' The CREA economist saying this should be fined. Inflation has not even started to slow for many consumables. Rates will rise. Rhats good thousands of real estate brokers going broke
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Canada's housing market just had the worst January since 2009Canada's housing market just had the worst January since 2009CREA said home sales in Canada were down 37% from the year before, but the spring market could surprise, says CREA. Find out more
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