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Canadian Home Sales Down 16% year over year in May

Canada’s national housing market continued its sluggish performance in the month of May. Despite the warmer weather and usually busy spring selling season, buying activity has been awfully quiet. New mortgage regulations which are now in full swing have stymied fringe buyers, particularly millennials. According to new data from credit bureau TransUnion, new mortgage originations among […]

The post Canadian Home Sales Down 16% year over year in May appeared first on Vancity Condo Guide – Steve Saretsky.

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