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Multi-family builder sentiment lowest since early 2021, single-family not far behind as home sales in Canada continue their downward slide

CHBA’s 2024 Q4 Housing Market Index (HMI) shows further decline in the sentiment of Canada’s homebuilding industry, a result of current poor selling conditions for both single-family and multi-family homes through Ontario and British Columbia, with other areas of the country also dipping since the previous quarter, and a weak outlook for the near future.

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