Metropolitan resale snapshot: August 2021
The Conference Board of Canada
August 30, 2021
The monthly Metropolitan resale snapshot provides an overview of the existing home market and expectations for existing home price growth over the short term for 30 areas.
Canada’s existing housing markets calmed down further in July. Sales and listings both dropped in most areas and price growth continued to cool. Falling sales nonetheless left July volumes strong by past standards, while dwindling listings kept markets tight. Low interest rates remain a spur.