MBCity_stack_colourPMS.png Apply Now
Current Mortgage News
Mortgage News

Real estate market blows off some steam

<br>Canadian existing home sales edged lower for the second straight month, as a cooling Vancouver resale market offset red-hot activity in Toronto, the Canadian Real Estate Association said Monday.<br><br> Home sales through the association's Multiple Listing Service fell 1.5% in February to a seasonally adjusted 42,799. Activity declined mostly in Vancouver, but this was offset by an equally large gain in Toronto.<br>

Published

Canadian existing home sales edged lower for the second straight month, as a cooling Vancouver resale market offset red-hot activity in Toronto, the Canadian Real Estate Association said Monday.

Home sales through the association's Multiple Listing Service fell 1.5% in February to a seasonally adjusted 42,799. Activity declined mostly in Vancouver, but this was offset by an equally large gain in Toronto.