Canadian Real Estate Industry – Looking Forward to 2017

Despite what was a rocky 2016 start, the Canadian real estate market wasn't displaying major signs of any slump in growth until recently. According to the Canadian Real Estate Association’s (CREA), new mortgage qualification rules have now been effective for one month, and the impact is already being felt across the homes markets in the country. From October to November alone, national home sales recorded by real estate agents have already dipped by 5 per cent.