“A complete lack of new listings is the big story now,” writes BMO senior economist Robert Kavcic.
Kavcic says in the past, housing downturns that have evolved from a price correction into a crash — like the housing crisis in the United States in 2008 or southern Ontario in the 1990s — have been driven by forced selling.Potential sellers don’t want to sell in a downmarket and this time they don’t have to, thanks to a strong job market and limited mortgage delinquencies.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
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Posthaste: Canada's housing market is showing green shoots, but something is missingCanada\u0027s housing market is showing signs of life after a year\u002Dlong winter, but while buyers are returning, sellers aren\u0027t. Find out more Houses?
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Posthaste: Canada's housing market is showing green shoots, but something is missingCanada\u0027s housing market is showing signs of life after a year\u002Dlong winter, but while buyers are returning, sellers aren\u0027t. Find out more
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Posthaste: Canada's housing market is showing green shoots, but something is missingCanada\u0027s housing market is showing signs of life after a year\u002Dlong winter, but while buyers are returning, sellers aren\u0027t. Find out more
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