Jul 15, 2021

Canadian Real Estate In A Bizarro Scenario Where Reopening Might Be Worse BMO

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Image by Walter Frehner from Pixabay

Two key real estate markets are showing slowing home sales, and have been for a few months now. June home sales in both Toronto (-7.1%) and Vancouver (-11.9%) fell from the month before. Both markets are near to entering balanced territory. Not exactly something many would have seen this quickly, just a few months ago.

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