The number of homes being sold and the prices they’re selling for are still dramatically lower than they were a year ago, but Canada’s housing market is showing signs of rebound this spring with prices and sales volumes inching higher in March compared to February.
The Canadian Real Estate Association said Friday that the average price of a Canadian home that sold last month was $686,371. That’s up from $662,437 in February, and $612,204 in January.
That’s the first time the national average selling price has increased for two months in a row since the fall of 2022, when the central bank’s aggressive campaign of
