Sales activity remains below the longer-term norm
Report warns homebuyer initiatives could increase household debt
Sales jumped by almost 17% compared to a year ago
At least one in 10 is hoping for a gift of $100,000 or more
The drop followed an 11.2% gain the previous month
The market was already cooling when the test was introduced
For immigrant families, housing equity contributed 69% of the growth in average wealth
The agency expects modest falls in home prices in Canada over the next two years
Canadian home prices drop for sixth consecutive month
Four in 10 survey respondents reported that they've been "house poor" at some point