Home buyers and sellers 'playing the waiting game' as sales decline for fifth straight month

Home buyers and sellers 'playing the waiting game' as sales decline for fifth straight month

Canadian home sales down 5.3 per cent in July compared to June on a seasonally adjusted basis, and down 29 per cent compared to July 2021.
3 hours ago
from: Toronto Star

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Canada, Real Estate
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- Home sales declined by 5.3 per cent in July, back to pre-COVID levels
Canada's housing market continued to cool in July, with the average home price clocking in at $629971 — a figure that drops by $104000 when excluding the Greater Toronto Area and Vancouver markets.
from: CBC.ca
- Canadian home sales fall for fifth month in a row, down 29% from last July: CREA
TORONTO — The Canadian Real Estate Association found home sales fell for the fifth consecutive month between June and July. On a seasonally adjusted basis, the association said sales in July fell 5.3 per cent compared with June.
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- Canadian home prices down 6 per cent in July from February peak, the largest five-month decline since 2009
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from: The Globe and Mail
- Canadian home sales fall for 5th month in a row, down 29 per cent from last July
Canada's average resale home price fell 4.5% from a year ago in July and was down 5.4% on the month as buyers continued to sit on the sidelines amid rising borrowing costs.
from: CTV News
- Canadian home sales fall for fifth straight month, down 29% from July 2021
National home sales fell 29.3% in July from a year prior, and declined 5.3% on a monthly basis, the Canadian Real Estate Association said.
from: Daily Hive
- Canadian home sales down 29% from a year ago: CREA
Statistics released Monday by the Canadian Real Estate Association (CREA) show national home sales slowed further in July 2022. Sales were down in about three-quarters of all local markets, led by the Greater Toronto Area (GTA), Greater Vancouver and ...
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The Canadian Real Estate Association reports sales and listings declined 5.3 percent in July 2022.
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- Canadian real estate: Sales drop for fifth consecutive month
"Though the pace of sales and price declines eased in July, the trend remains negative," Desjardins principal economist Marc Desormeaux said.
from: Yahoo Canada Finance
- Canadian home sales slow further in July
CNW/ - Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed further in July 2022. Highlights: National...
from: Canada NewsWire