Financial Post: Canadian home sales fall for sixth month in first March decline since the recession

Canadian home prices fell in March for the sixth straight month as most major markets weakened, data showed on Thursday. The Teranet-National Bank Composite House Price Index, which measures changes for repeat sales of single-family homes, showed prices fell 0.3 per cent last month from February. It was just the second March decline in the index’s 20-year history – the only other March fall was in 2009 amid a recession during the global financial crisis, Marc Pinsonneault, senior economist at National Bank of Canada, said in a news release. 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