Canada’s housing market is continuing its slowdown, with both prices and sales volumes well down in July from where they were a few months ago.
The Canadian Real Estate Association said Monday that the number of homes sold has now fallen for four months in a row, as has the average selling price. Sales in July 2021 were 15 per cent lower than they were in the same month a year ago, but the group that represents realtors notes that last year’s number was the busiest July ever.