Nope. Home sales shot up across the Puget Sound region in October compared to a year earlier, a surprise to some market observers, according to new data from the Northwest Multiple Listing Service.
Toronto’s home sales climbed 14 per cent in October, the steepest monthly increase in nearly a year, as prospective homebuyers jumped back into the market after multiple interest-rate cuts.
Higher inventory provides more options for buyers as demand picks up, fuelled by recent Bank of Canada rate cuts. Metro Vancouver’s housing market saw a resurgence in October, with home sales rising ...