The eight.7-per-cent bump in transactions from November to December was the first month-to-month enhance since June, in accordance with the Canadian Real Estate Association . But CREA and bank economists cautioned against reading too much into last month’s sales, writes Rachelle Younglai. Experts say the increased exercise was likely as a end result of some sellers lastly accepted that they might not get the costs they noticed in early 2023, instead of the start of an even bigger recovery within the housing market.
Konrad Putzier, writing in The Wall Street Journal, notes that lenders have issued many foreclosure notices for …