Metropolitan resale snapshot: March 2020

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Metropolitan resale snapshot: March 2020

Canadian Economic Analysis Industry Economic Analysis Urban City Economic Analysis

Author: Robin Wiebe

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The COVID-19 outbreak presents considerable downside risk to the resale market. Threats include uncertain job security, cancelled open houses, and plunging values of consumer investments slated to become down payments.

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The monthly Metropolitan resale snapshot provides an overview of the existing home market and expectations for existing home price growth over the short term for 29 areas.

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