Government said records were being sought to verify that merchants were obeying tax acts
Extending amortization may serve to drive prices higher
Lack of purpose-built rentals remains a major challenge
CREA data suggest a marked shift away from sluggish sales and slumping prices
More than one in 10 Canadians own an investment property
April's average price tumbled 7.8% from a year ago, but was still roughly 4% higher than the March average.
The federal housing agency predicted home prices, sales will see year-over-year declines in 2023
Further upward pressure on rents is expected in the coming months
Average price down 15%, new listings down 44% year over year
New listings down 26% year over year, average price down 19%