Houses beginning to flood the market, while buyers take a break! Even with interest rates dipping, the Canadian housing market continues to cool, with home sales hitting a multi-year low last month. Sales activity dropped by 4.3 per cent across the country, according to new data. Real estate prices continued their downward trajectory last month, with the price of a typical home dropping 0.4 per cent to $679,900. Annually, that figure is down 3 per cent and 20.2 per cent from its peak in March 2022. According to the Canadian Real Estate Association’s (CREA) latest data, home prices are now at a four-year low, a level not seen since March 2021 during the COVID-19 pandemic. 🇨🇦 #MarkCarneyCantBeTrusted 🇨🇦 🇨🇦 #SayingTheQuietPartOutLoud 🇨🇦 🇨🇦 #JustSayNoMore 🇨🇦 🇨🇦 #CarneyLies 🇨🇦 https://truenorthwire.com/2025/11/houses-beginning-to-flood-the-market-while-buyers-take-a-break