Real Estate Sales Growth “Exaggerated,” Market Moderating, Says Canada’s Largest Bank
Better Dwelling
MAY 8, 2021
Canadian real estate sales are printing big numbers, but the market is apparently moderating. That’s the take from RBC economics, whose latest analysis shows sales slowing in April. New listings have also begun to rise, helping to ease the inventory squeeze. However, the market has yet to acknowledge this, as price growth generally accelerated.
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