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Canada’s New Home Sale Slowdown Is Hitting Luxury Sales Hard

Author: External Author | | Categories: Real Estate Broker , Real Estate Listings

Canadian home sales are sliding lower across the country, and new homes aren’t immune to the dive. The absorption of newly-built and priced homes slipped in April, according to the CMHC. The good news is the most popular purchase price range for new homes is lower than you think it is. The bad news is, the drop in purchasing is especially hard on the luxury segment, which tends to lead the market.

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Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/

Article Written By:  Daniel Wong

Original Article Posted on:  

Link to Original Article:  https://betterdwelling.com/canadas-new-home-sale-slowdown-is-hitting-luxury-sales-hard/



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