Home sales in Canada had their worst January since 2009: report

Home sales in Canada posted their worst start to the year since 2009 as January sales fell 37.1 per cent compared with the start of 2022 and prices continued to fall, the Canadian Real Estate Association said Wednesday. Home sales for the month amounted to 20,931 and came as the January sales also fell three per cent compared with December. The move lower to start the year gave back the small gains made in December and CREA said it signals a lack of clarity around whether the market has hit or i