Real Estate
Canada Home Prices Decline With Uncertainty Holding Back Buyers
Across Canada’s housing market, the prospect of continued economic turmoil may be making buyers and sellers more wary.
Photographer: James MacDonald/BloombergCanadian home prices dropped in February as lingering economic uncertainty forced sellers to offer bigger discounts to reluctant buyers.
The benchmark price of a home in the country fell 0.6% from the month before to C$661,100 ($483,000), continuing a string of declines, data from the Canadian Real Estate Association show.