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Housing market warms up to winter, according to REINZ

Author
Newstalk ZB,
Publish Date
Tue, 20 Aug 2024, 8:34pm
 (Photo/iStock)
(Photo/iStock)

Housing market warms up to winter, according to REINZ

Author
Newstalk ZB,
Publish Date
Tue, 20 Aug 2024, 8:34pm

There's green shoots returning to the housing market, according to the Real Estate Institute.

REINZ data shows the volume of sales rose 14.5 percent year-on-year and nearly 20 percent month-on-month.

Infometrics Principal Economist Brad Olsen unpacks what this news means following the recent OCR cut.

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