If you blinked, you probably missed the buyers’ market in Canadian homes as BMO senior economist Robert Kavcic notes,
“The sales-to-new listings ratio in Canada’s residential housing market rose to 59.2 in November, well into the high end of balanced territory. Market conditions continue to vary by region and segment, but most are tightening. In fact, no outright buyers’ markets remain among 23 major cities we track. The Prairies and much of Atlantic Canada continue to stand out with the tightest markets in Canada.
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