Housing market slowed down in April, but average price still rising at record pace
Canada's red-hot housing market showed small signs of cooling down in April, even as the average selling price is up by nearly half from the lows it hit in the early days of the pandemic.
The Canadian Real Estate Association said Monday the number of homes sold in April fell by 12.5 per cent compared to the previous month's level, which was the busiest month ever for Realtors.
Original Article Source Credits: CBC News , https://www.cbc.ca/
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Original Article Posted on: May 17, 2021
Link to Original Article: https://www.cbc.ca/news/business/crea-housing-april-1.6029345