✉news BusinessReal Estate first seen 6 d ago, last 6 d ago, peak #28
September resale slump spreads across Canadian housing markets
Original: Why September's resale slump is spreading across Canadian markets
Canada's resale housing market weakened in September, with the slowdown no longer confined to a few cities but spreading across markets nationwide. Industry observers, including mortgage professionals, are watching the decline for signs of how far prices and sales activity may fall, and what it signals for buyers, sellers and lenders heading into the rest of the fall season.
Why now: A broad-based drop in home resales raises concerns about the health of Canada's housing market and where prices head next.
Evidence
- Why September's resale slump is spreading across Canadian markets · Mortgage Broker News
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