Metropolitan resale snapshot: May 2021

Metropolitan resale snapshot: May 2021

Canadian Economic Analysis Industry Economic Analysis Urban City Economic Analysis
8 min read

Author: Robin Wiebe

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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 30 areas.

 

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Canada’s existing housing markets plateaued in April. Sales pulled back from red-hot March levels in most markets, and listings rose in many areas. Markets remained generally boiling, though, due to low interest rates and the ongoing move to outlying markets.

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