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Monday, March 17, 2025

Canada Home Sales Plunge as Buyers Pulled Back From Trade War Uncertainty

 


Canadian home sales in February dropped to the lowest level since November 2023 as the uncertainty of a trade war with the US kept buyers on the sidelines.

Transactions fell 9.8% from a month earlier, according to data released Monday by the Canadian Real Estate Association. The benchmark home price declined 0.8% to C$712,400 ($497,000), the largest monthly decrease since December 2023.

https://www.bloomberg.com/news/articles/2025-03-17/canada-home-sales-plunge-as-buyers-pulled-back-amid-uncertainty

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