CREA reports home sales down in April as mortgage rates rise

Increasing mortgage rates slowed home sales in April from the frenzied pace they started the year at, the Canadian Real Estate Association said Monday. The association found the number of homes sold dropped by 25.7 per cent to 54,894 last month from 73,907 in April 2021, when the country set a record for the month. … Continue reading CREA reports home sales down in April as mortgage rates rise