Friday, May 17, 2024

Canadian Real Estate Association: Housing market stabilizing amid fewer sales


Global News has the story.

The Canadian Real Estate Association (CREA) says the country's housing market is in its most balanced position for years as inventory approaches more stable levels.

This comes as experts prepare for changes in the final six months of the year, with expectations the Bank of Canada could cut the interest rate.

Global’s Kyle Benning has the details.

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