Market News
Markets Canada Home Sales Plunge as Buyers Pulled Back From Trade War Uncertainty - BLOOMBERG
By Dina Katgara
Canadian home sales in February dropped to the lowest level since November 2023 as the uncertainty of a trade war with the US kept buyers on the sidelines.
Transactions fell 9.8% from a month earlier, according to data released Monday by the Canadian Real Estate Association. The benchmark home price declined 0.8% to C$712,400 ($497,000), the largest monthly decrease since December 2023.
