Canadian home sales still balanced after 7% hike

(November 19, 2014)

Printed in REAL ESTATE PROFESSIONAL on November 17, 2014

The Canadian housing market remains in balanced territory, despite a seven per cent rise in year-over-year home sales in October, according to monthly CREA data.

“While the strength of national sales activity is far from being a Canada-wide phenomenon, it extends beyond Vancouver, Calgary and Toronto,” said Gregory Klump, CREA’s chief economi... read more.