Canadian Real Estate Association expects a nearly 10% drop in the number of residential properties to trade hands compared with 2022
The decrease reflects a sluggish third quarter
TD Economics expects declines in sales and prices into 2024 across most regions
Companies have now spent years ensuring employees can complete their duties both in-office and remotely
Prices were highest in Vancouver, Burnaby
The FCAC said it would monitor financial institutions' level of compliance with the new expectations
Performance partially offset by declines in both equities and fixed income across major markets
Transition to higher interest rates creates risk, the central bank governor said