Home listings rise 20% - MoneySense

Home listings rise 20%

Canadians rush to list their properties.


Canadian home listings reached an all-time high last month with 97,663 homes listed for sale.

This marks a 20% increase from the same period last year, and has brought the total number of new listings since the beginning of 2010 to 233,402. This is the highest number on record for first quarter listings.

Yet despite these gains, many insiders still feel it’s a sellers market, as negotiations tend to favor them during the home buying process.