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Homes Sales Edge Up in Key Canadian Markets in June

Worries Abound that Bank of Canada Rate Increase Will Undo Housing Recovery
Existing home sales climbed in June in major Canadian markets but market watchers are fearful of the Bank of Canada raising rates on July 12. (Royal LePage)
Existing home sales climbed in June in major Canadian markets but market watchers are fearful of the Bank of Canada raising rates on July 12. (Royal LePage)
CoStar News
July 6, 2023 | 9:04 P.M.

Existing home sales in Canada's two largest cities continue to show signs of heating up, but another potential increase in the overnight lending rate has the market on high alert.

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News | Homes Sales Edge Up in Key Canadian Markets in June