Canadian Home Sales See Surprising Rise?

This blog post reports on the surprising rise in Canadian home sales in the fall of 2022. The post explains that sales rose by 8.5% in October compared to the previous month, exceeding expectations and suggesting that the housing market may be stabilizing after a period of volatility. The post provides data and analysis from the Canadian Real Estate Association, and highlights the increase in sales in several regions across the country, including Ontario, Quebec, and British Columbia. The post concludes by noting that while the market appears to be improving, many challenges and uncertainties remain, such as ongoing supply chain disruptions and inflation concerns.