this morning. “This recovery is taking place against a backdrop of record demographic growth, which is accentuating the shortage of housing supply on the market.”falling to their lowest level in three years in May, there is no reason to believe that the shortage of properties on the market will be resolved any time soon.
As well, of 20 CMA’s not included in the index, price increases were observed in 10, with the most notable growth seen in Sudbury , Guelph , and Kingston . Year over year, the index fell by 7.6% in May, which the report notes is “a smaller annual contraction than the record drop recorded the previous month.”
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Posthaste: Canada's housing market rebound has defied expectations, but don't expect it to lastBank of Canada interest rate hikes will once again put a damper on housing market demand, say economists
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Posthaste: Canada's housing market rebound has defied expectations, but don't expect it to lastBank of Canada interest rate hikes will once again put a damper on housing market demand, say economists
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Posthaste: Canada's housing market rebound has defied expectations, but don't expect it to lastBank of Canada interest rate hikes will once again put a damper on housing market demand, say economists
อ่านเพิ่มเติม »
Posthaste: Canada's housing market rebound has defied expectations, but don't expect it to lastBank of Canada interest rate hikes will once again put a damper on housing market demand, say economists
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Posthaste: Canada's housing market rebound has beat expectations, but don't expect it to lastICYMI - Posthaste: Canada's housing market rebound has defied expectations, but don't expect it to last
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