Photo: James Bombales
While home sales across the country declined slightly in November from the previous month, they were up a healthy 32 percent over the same time last year.
In other words, it’s the type of stellar performance that’s become standard during 2020’s post-spring lockdown period.
But the strong home sales figures published today by the Canadian Real Estate Association (CREA) represent more than just a continuation of the market’s remarkable performance in the second half of the year.
Canadian home sales are a hair’s breadth away from breaking an all-time record for transactions in a single year.
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By Sean MacKay