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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.Sign 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. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter.

 

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Canada'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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