Canada’s home sales drop in April as mortgage rates shoot higher

OTTAWA, ON, May 16, 2022 /CNW/ – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in April 2022. National home sales dropped by 12.6% on a month-over-month basis in April. Actual (not seasonally adjusted) monthly activity came in 25.7% below the monthly record set in 2021. The … Continue reading Canada’s home sales drop in April as mortgage rates shoot higher