Tag: housing supply
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Canadian Home Sales Plunge to Lowest Level in Over a Year Amid Escalating Trade War
Biggest Monthly Decline Since May 2022, Reports CREA Canadian real estate is feeling the impact of economic uncertainty, as home sales and new listings sharply declined in February—the first full month of the ongoing trade conflict with the United States. According to the Canadian Real Estate Association (CREA), national home sales dropped nearly 10% month-over-month,…
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Over Two Million Non-Permanent Residents Leave Canada by 2026 as Part of Its “Immigration Reset”
As part of its plan to curb population growth, the Canadian government has set a target to reduce the number of non-permanent residents (NPRs) over the next two years. This comes after a massive surge in immigration following the pandemic. Over two million non-permanent residents are expected to leave the country by 2026 as their…
Canada Housing Market 