Canada Will See Weakest Level of Homes Sales Since 2001 This Year: TD Report

Canada Will See Weakest Level of Homes Sales Since 2001 This Year: TD Report
A sold sign is shown in front of a west-end Toronto home. The Canadian Press/Graeme Roy
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A new report from TD Economics predicts Canada will see the weakest level of home sales since 2001 this year.

The housing market outlook from economist Rishi Sondhi attributes the prediction to the poorest affordability level since the late 80s and early 90s.