Episode Details

Canadian home prices drop for the second consecutive month, with five major markets now experiencing annual declines. Hamilton and Toronto lead the decline at six percent each, followed by Vancouver, Victoria, and now Ottawa with a one percent dip. Condos and townhouses saw the steepest drops nationally, while semi-detached and detached homes experienced milder declines. Despite the news, prices remain stable or rise in most other areas compared to last year.

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