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Is Canada's housing market adjustment ending?

Location
Vancouver, Toronto, Calgary
Publish Date
2022/09/20

In Aug, national home sales ↓ 24.7% yearly, but just ↓ 1% MoM, which was the smallest decline after 6-mo.Along with steady MoM sales, demand/supply conditions were also more stable in many markets. This could be an early sign that the sharp adjustment in Canadian housing markets is ending.

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Canada, Ottawa, Vancouver Island, Edmonton, Kelowna, Quebec