Average sales growth forecast to fall 16%
Canada's wealth gap is increasingly a real estate gap, TD report explains
Yet clients will need guidance in the medium term due to real estate-driven volatility and affordability pressures
Winnipeg, Toronto and Vancouver are expected to see the largest declines
New homes increasingly likely to be rented
List prices respond to rate hikes within weeks, not years, research finds
Despite the drop, the statistics still represent historic highs, according to economist
CREA lowers expectations for home sales and price growth for 2022
Prices have yet to respond to rising mortgage rates, Moody's reports
Early indicators point to weakness in business confidence, housing market