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Sales are PLUMMETING Across the Country. 2024 Canadian Real Estate Market. [Video]

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Canadian Economy and Markets

Sales are PLUMMETING Across the Country. 2024 Canadian Real Estate Market.

Cheaper Homes and Capital Gains Tax could be the straw that broke the camels back. Listings are surging in Cottage Country as sellers rush to beat the new tax laws. Early data shows April sales and prices are dropping quick.

Links/references:

https://toronto.citynews.ca/2024/04/16/in-federal-budget-ottawa-looks-to-canada-post-land-for-building-housing-supply/

https://www.theglobeandmail.com/business/article-new-report-shows-economic-case-for-high-immigration-but-warns-of/

https://www.reuters.com/world/americas/canada-plans-reduce-temporary-residents-cap-future-intake-2024-03-21/

https://torontosun.com/news/national/freelands-2024-budget-to-be-worst-since-1982-former-boc-governor-david-dodge

https://youtu.be/r8DYcftVA84?si=oWYjNeI0Jx0GZH9x

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