Home sales down almost 10% annually last month: Canadian Real Estate Association
The Canadian Real Estate Association says home sales in April fell 9.8 per cent compared with the same month last year, as the national housing market has returned “to the quiet markets we’ve experienced since 2022.”
On a seasonally adjusted month-over-month basis, home sales last month ticked down 0.1 per cent.
CREA senior economist Shaun Cathcart says tariff-related uncertainty is continuing to keep buyers on the sidelines, similar to how high interest rates chilled demand du