Canada’s housing market on ‘solid footing’: CREA

Houses in Canada

OTTAWA — Home sales rose by a seasonally adjusted 2.6% in June from the previous month, a sign the housing market is on a “solid footing,” the Canadian Real Estate Association said Friday.

Sales activity remained stable in Toronto, with gains recorded in Victoria, Calgary and Montreal, as well as in the Ontario cities of Ottawa, London and Hamilton, CREA said.

However, monthly sales declined in Vancouver and the nearby Fraser Valley…. Read More

Source Text : Financial Post

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