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Market Impact: 0.2

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Canadian real estate sales are edging up as spring begins, but the market remains soft and expectations for a meaningful rebound this year are fading. The update points to only modest improvement in housing activity, with conditions still weak enough to keep sentiment cautious.

Analysis

Canadian real estate sales are edging up as spring begins, but the market remains soft and expectations for a meaningful rebound this year are fading. The update points to only modest improvement in housing activity, with conditions still weak enough to keep sentiment cautious.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25