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RBC Monthly Housing Market Update December 2017

Marnie

Frequent Forum Member
Staff member
REIN Member
Joined
Oct 6, 2016
Messages
354
The commentary this month is largely affected by the upcoming mortgage rule changes. Buyers and sellers alike were active - resales rose by 3.9% in Canada between October and November. This was the strongest monthly advance since February. New listings rose by 3.5% in Canada between October and November. Most of this increase took place in the Toronto area where new listings jumped by 22.9%.

Read the full report here:
http://www.rbc.com/economics/economic-reports/pdf/canadian-housing/housespecial-dec17.pdf
 
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