Luxury home sales in Canada down in 2018: Sotheby’s report

TORONTO — Sales of luxury properties declined sharply in three of Canada’s biggest cities last year as homebuyers retreated amid tightened mortgage guidelines and higher interest rates. A report released today found that Vancouver, Toronto and Calgary saw large drops in high-end real estate sales in 2018 as the markets dealt with a number of headwinds including tighter supply, higher foreign […]