ply over the past four weeks, prompting some buyers to delay their purchase. Moving forward,
But Daniel John, chairman of the Real Estate Board of Greater Vancouver, does not appear to despair. He sees it as a return to more normal levels. John attributed the slowdown to increased interest rates and a new five per cent levy on empty homes — typically aimed at foreign purchasers who park their money in the region without living there.Photo by Postmedia, file
Montreal home sales dropped by 17 per cent from last year, making it the slowest April since 2017. The Quebec Professional Association of Real Estate Brokers recorded 5,124 homes sold in the Montreal area last month, down from 6,164 in April 2021.Article content
Source: Loan Digest (loandigest.net)
Didn't hike them high enough.
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