These Canadian Housing Markets Took A Beating In 2018. What Does 2019 Have In Store?

Sarah Niedoba and Josh Sherman, Livabl

2018 began with a steep nationwide drop in housing activity. Stricter mortgage qualification rules pushed buyers to the sidelines, as year-over-year double-digit sales decreases became the norm.

Of course, some markets had a rougher year than others. Toronto, with its strong early-2017 performance, had a particularly cool start to the year, as did Hamilton. In the west, the Calgary market is continues to deal with the effects of low oil prices which...

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