Canada's booming housing market showed small signs of cooling down in April

Author: Steve Hopkinson | | Categories: Home Buyer Mortgage , Mortgage Agent

The pandemic may have been our focus for the past year and a half, but for anyone in Canada considering entering the housing market, there’s been another crisis brewing. In the first quarter of 2021, the cost of a single-family home in Canada rose 14.1 per cent year-over-year, this following a year of already unprecedented demand for homes, and month after month of record-setting sales and price appreciation. Will this housing bubble ever burst?

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Original Article Source Credits: Financial Post, https://financialpost.com/

Article Written By: NA

Original Article Posted on: 30th May 2021

Link to Original Article: https://financialpost.com/personal-finance/business-essentials/canadas-booming-housing-market-showed-small-signs-of-cooling-down-in-april



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