Number of homes sold dropped by 25.7 per cent to 54,894 last month from 73,907 in April 2021
British Columbia Real Estate Association estimates a balanced market is at least a year away
Real estate stats reflect the impact of rising interest rates, along with more homes on the market
Toronto, Vancouver and Montreal brokers say plenty of properties are seeing fewer offers
April sales were 1.5 per cent above the 10-year sales average for the month
First time in 2 years sales dip below 10-year average
Buyer frenzy beginning to slow, but sales still steady, real estate agents say
Alberta realtors buzzing about what they say is an unusually high number of inquiries from Ontario
Draft legislation aimed at calming real estate bidding wars that arise from waiving conditions
Top 10 per cent of owners in those provinces earn more than the bottom 50 per cent combined
With more listings available, CADREB stats showed average values dropping ever-so-slightly
New listings increased 22%, inventory increased 24% from February
On the market now for $1,249,000, Proctor House was built in 1912 for an estimated $900
Rebound still behind the pace of sales in March one year ago
An entire island in the Nation Lakes north of Fort St. James is up for grabs
National average home price climbed by more than 20 per cent since last year: CREA
More properties hit the market last month, but average values continued to climb across the board
