Canada's housing sector will see a retreat in prices, sales and building in the months ahead and likely won't see a return to pre-pandemic levels until at least the end of 2022, according to Canada Mortgage and Housing Corp.
The spring selling season that typically kicks into gear in March has clearly stalled due to the pandemic. Homes sales have cratered and prices are on the decline. So is now the time to buy? CTV News' Chief Financial Commentator Pattie Lovett-Reid says maybe, in her weekly column for CTVNews.ca.