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Home Prices Dip in Canada as Buyers Await Lower Mortgage Rates

Home Prices Dip in Canada as Buyers Await Lower Mortgage Rates
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National average home price up by almost $40K in two months, per CREA

National average home price up by almost $40K in two months, per CREA
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Canada Existing Home Sales Edge Up 0.5% in March

By Robb M. Stewart OTTAWA Canada s real estate market was relatively steady last month, with sales of existing homes ticking higher, prices slipping modestly and new listings declining ahead. -April 12, 2024 at 09:42 am EDT - MarketScreener

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Home prices dip in Canada as buyers await lower mortgage rates

Canadian home sales were basically flat and prices dipped in March, a sluggish beginning to a spring market that some analysts believe will pick up soon 

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Home prices expected to climb 4.9% in 2024 as sales rise last month: CREA – Ottawa Business Journal

The Canadian Real Estate Association says it s now expecting the national average home price to climb 4.9 per cent on an annual basis to $710,468, more than double the hike it had predicted at the start of 2024.

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