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The average selling price of a home in Canada decreased by 3.9% year-over-year to $724,800 in July 2024. [74] Sales of new condo units in the first half of the year fell 57% from the previous year, marking the slowest pace in 27 years in Toronto [ 75 ] and all housing inventory in Vancouver increased by 39% compared to the year prior, rising ...
REIT [1] Traded as (TSX) Profile Major tenants/properties Allied Properties REIT AP.UN: Office Artis AX.UN: Diversified: Artis REIT Residential Tower: Boardwalk REIT
Zillow’s latest forecast calls for home values to hold steady in 2024, falling by just 0.2% by year’s end. ... NAR’s latest forecast calls for the median home price to go up slightly ...
As of August 2024, the federal government nearly doubled its tariff on Canadian softwood lumber products (from 8.05% to 14.54%), per the National Association of Home Builders. Should Trump enact ...
In September 2023, Trudeau stated housing prices were "far too high", but, in May 2024, during an interview with The Globe and Mail, Trudeau said, "housing needs to retain its value." [ 190 ] [ 191 ] In 2024, Canada faced a housing crisis , [ 192 ] which contributed to Trudeau's growing unpopularity. [ 193 ]
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