Home Sales - aDiamondMortgage

Economic Uncertainty Grows

Home sales in Calgary dropped nearly 19% last month as economic concerns, including tariff-related uncertainty, weighed on consumer confidence and cooled demand.

“It’s not a surprise to see a pullback in sales given the uncertainty,” said Ann-Marie Lurie, CREB’s chief economist. “However, it is important to note that sales still remain stronger than anything reported throughout 2015 to 2020, where our economy faced significant economic challenges and job loss.”

By UMortg

Leave a Reply

Your email address will not be published. Required fields are marked *