While the latest interest rate hikes might be helping to cool real estate activity in Canada, several smaller markets are seeing an annual increase in the average price per square foot of a home, particularly among single-family dwellings.
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While the latest interest rate hikes might be helping to cool real estate activity in Canada, several smaller markets are seeing an annual increase in the average price per square foot of a home, particularly among single-family dwellings.
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Sales have dropped because the supply of homes on the market has dropped while at the same time the bench mark price went up.
“Numbers this year are down in regard to number of sales year to date right around