Metropolitan Resale Snapshot: July 2017

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Metropolitan Resale Snapshot: July 2017

Canadian Economic Analysis Industry Economic Analysis Urban City Economic Analysis

Author: Robin Wiebe

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  • Sales continued to ease in June, dropping in 18 of our 28 areas.
  • Southern Ontario markets are drooping under the weight of April’s introduction of a package of provincial measures designed to cool markets in the Golden Horseshoe.
  • Vancouver continues to recover slowly from its own imposition of a foreign buyers tax.
  • Sales in Calgary and Edmonton have stopped falling, but are unspectacular.
  • Montréal’s market is firming, but Québec City’s continues to be soft.
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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 28 areas.

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