HuffPost: Canadian Luxury Home Sales Took A Deep Dive In Some Once-Hot Markets: Sotheby's

Sales of luxury properties declined sharply in three of Canada's biggest cities last year as homebuyers retreated amid tightened mortgage guidelines and higher interest rates. A report released today found that Vancouver, Toronto and Calgary saw large drops in high-end real estate sales in 2018 as the markets dealt with a number of headwinds including tighter supply, higher foreign buyer taxes and strained economic conditions due to the falling price of oil. Read more...


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Mississauga Real Estate Board
3450 Ridgeway Dr #1
Mississauga, ON L5L 0A2, Canada
Phone: 905.608.6732
Fax: 905.608.9988