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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
Interest rates going up again.