Canadian Home Sales Down 51% to Your Rear Second Low in 20 Years

In the GTA, home sales down 51% to your rear second lowest in 20 years. Number of homes that were listed for sale down 42%. New listings in this market came in at a 26 year low. Mortgage rates are starting to creep up and you'll see some more hikes probably in the next couple of weeks from some of these big banks.