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The rubble starts to emerge after politicians carpet-bombed the housing market. The numbers out of Toronto, southern Ontario, Alberta and the Lower Mainland are, well, awful. You can smother these porkers snout to tale in lip gloss and they’re still pigs. Inventory is scant since sellers are afraid of falling values.
Single-family detached and attached benchmark prices were down slightly compared to February 2017. The overall average selling price for February sales was down 12. You know things are wobbly when realtors have to reach back two years for a comparison. Home Price Index Composite Benchmark was up by 3. 2 per cent on a year-over-year basis for the TREB market area as a whole. Prices for single detached family homes fell 17.