As mortgage rates continue to rise, Canadian home sales dropped by 12.6% in April, following a 6% decline between February and March.While prices remain historically high, they slowed noticeably on
Canadian Home Sales Drop in April as Mortgage Rates Rise
Dated: May 20 2022
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As mortgage rates continue to rise, Canadian home sales dropped by 12.6% in April, following a 6% decline between February and March.
While prices remain historically high, they slowed noticeably on a month-over-month basis.
June Gill
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Toronto Real Estate Board (TREB); All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested