“Market expectations began crumbling,'' said Robert Kavcic of BMO Capital Markets
Rising interest rates are causing anxiety in a sector that soared over the last two years
CREA said typical discounted five-year fixed rates have leaped from about 3% to 4% in a month
Some buyers are feeling nervous to wade into the market in case conditions quickly change
Annual pace of home price growth ‘will moderate in the coming months’
StatsCan says multiple-property ownership accounted for 41% of Nova Scotia's housing stock and 31% of Ontario’s
Prices have been driven upward by fierce bidding wars coupled with a lack of homes being listed
The national average home price was a record $748,450 in January, up 21% from $618,587 a year earlier
The national average home price hit $713,500 last month, up almost 18% from the previous December
Even before the new variant, only about one-third of small businesses were back to normal sales