The Canadian Real Estate Association says homes sales in February dropped 40 per cent compared with a year ago.
Despite sluggish sales last month, he said market dynamics showed signs of improvement in February.
Still, while prices have softened to some degree almost everywhere across Canada, Calgary, Regina, Saskatoon, and St. John’s stand out as markets where home prices are barely off their peaks, the real estate association said.Article content “But to repeat the bottom line from last month, we won’t know what the 2023 market has in store until the spring,” she said in a statement.
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Canadian home sales drop 40 per cent in February compared with year agoThe Canadian Real Estate Association says homes sales in February dropped 40 per cent compared with a year ago.
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