Home sales and prices edging up as housing market 'could get interesting,' reports say

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Houses are pictured in Vancouver, B.C on Thursday April 4, 2024.

Royal LePage is forecasting that the aggregate price of a home in Canada will increase 9 per cent in the fourth quarter of 2024, compared to the same period last year. At the same time, CREA said home sales activity edged up 0.5 per cent between February and March.

At the same time, the Canadian Real Estate Association said home sales activity recorded over its listings data edged up 0.5 per cent between February and March 2024, holding around 10 per cent below an average of the last 10 years.

 

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