Home sales dip in April from prior month as spring listings perk up: CREA

A real estate sign is posted outside a home in Pointe-Claire, a city in Montreal's West Island, Tuesday, May 7, 2024.

“April 2023 was characterized by a surge of buyers re-entering a market with new listings at 20-year lows, whereas this spring thus far has been the opposite, with a healthier number of properties to choose from but less enthusiasm on the demand side,” he said in a press release. "We consider it a little bit more of a fair market where neither buyers or sellers have, let's call it, an advantage."

The overall drop came as the annual pace of starts in urban centres essentially flatlined in April. The national housing agency said last year's challenging borrowing conditions contributed to the downward trend.Aiden Pleterski, the self-proclaimed 'crypto king' from Whitby, Ont., has been arrested in Durham Region after allegedly running a Ponzi scheme worth more than $40 million.

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Home sales dip in April from prior month as spring listings perk up: CREAThe Canadian Real Estate Association says the number of homes changing hands in April fell from the previous month despite an influx of new listings hitting the market. On a month-over-month basis, CREA said home sales in April were down 1.
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Home sales dip in April from prior month as spring listings perk up: CREAThe Canadian Real Estate Association says the number of homes changing hands in April fell from the previous month despite an influx of new listings hitting the market. On a month-over-month basis, CREA said home sales in April were down 1.
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »

Home sales dip in April from prior month as spring listings perk up: CREAThe Canadian Real Estate Association says the number of homes changing hands in April fell from the previous month despite an influx of new listings hitting ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »