Sales activity among luxury homes in Toronto and Vancouver saw a decline in 2022, according to new data released by Sotheby s International Realty Canada. However, other major Canadian cities such as Montreal and Calgary saw sales volumes stabilize or even increase throughout the year.
Sales activity among luxury homes in Toronto and Vancouver saw a decline in 2022, according to new data released by Sotheby s International Realty Canada. However, other major Canadian cities saw sales volumes stabilize or even increase throughout the year. CTVNews.ca has put together a list of properties currently on the market for $1 million or more in major cities across Canada.
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Rising interest rates, inflationary pressure and widespread economic uncertainty are cooling the luxury real estate market in Vancouver, according to a new report.