The single-detached home is quickly becoming a unicorn, Re/Max Canada president says
Prospective buyers may be holding off given lower interest rate forecasts, economist says
Elevated interest rates, inflation have also increased the cost to finance projects
Divide emerges as big banks cope with strained consumers
Association anticipates a gradual rebound
Latest Royal LePage house price survey shows “tepid” market response to quarter-point cut
Respondents expressed concerns about inflation, income levels and a potential recession
More buyers are expected to enter the market as borrowing costs begin to decrease
Compared with year ago, sales up 10.1% in the month
Inflation, higher interest rates add to the financial challenges