The U.S. housing market is hot. Canada’s is even hotter
U.S. home sales increased by 13% in March compared with 2019. In Canada, the increase was a whopping 75%
Discouraged U.S. homebuyers, take heart. At least you’re not house-hunting in Canada.
The U.S.’s cold-weather neighbour to the north has the hottest housing market in North America, according to a report Thursday by Toronto-Dominion Bank. Even as the pace of U.S. sales increased by 13 per cent in March compared with 2019, the increase was a whopping 75 per cent in Canada, according to the report by senior economist Sri Thanabalasingam. The average home price in Canada rose 32…