Number of New Listings Spikes Across Major Canadian Markets

Several major Canadian markets saw a jump in the number of new home listings in February — a welcomed shift from the increasingly sparse inventory that’s plagued markets all across the country. A new report from RBC found notable increases in new listings month-over-month, particularly in Calgary and Edmonton where “a wave of properties put up for sale set the stage for the strongest number of transactions ever recorded in a February.” This is in large part thanks to a surge of new listings, up roughly 69% from January.

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