March 2026 was down 41% from March 2025 in property transactions.
This is seen as the market returning to normal after the stamp duty rush of March 2025.
Although 2026 was down on a high base, it was up slightly from February 2026 (~+1% month on month) and closer to the "normal" levels when compared to the 5-year averages.
Also, estate agents are experiencing slowing stock turnover, hence the pipelines may look healthy while it takes longer for the properties to close than previously.
Read more: https://heyor.ca/he6gMv
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