Canadian home prices continue to rise
Filed Under Main Content · Tagged: Associate Director, Conference Board Of Canada, Globe And Mail, Globe Mail, Hasn, Michael Burt
Globe and Mail- Canadian home prices are still on the rise even as sales fall as demand peters out, one factor that is making homes less and less affordable, according to a study by the Conference Board of Canada.
Home sales have fallen by 25 per cent since reaching a peak at the beginning of the year as fewer buyers compete and more houses come onto the market. That hasn’t stopped houses from becoming more expensive, a trend that is likely to continue, said conference board associate director Michael Burt…
