{"id":24481,"date":"2017-07-17T16:57:38","date_gmt":"2017-07-17T21:57:38","guid":{"rendered":"http:\/\/olduvai.ca\/?p=24481"},"modified":"2017-07-17T16:57:38","modified_gmt":"2017-07-17T21:57:38","slug":"canadian-home-sales-crash-in-june","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=24481","title":{"rendered":"Canadian Home Sales Crash In June"},"content":{"rendered":"<h3 class=\"title\"><a href=\"http:\/\/www.zerohedge.com\/news\/2017-07-17\/canadian-home-sales-crash-june\">Canadian Home Sales Crash In June<\/a><\/h3>\n<section class=\"messages-holder\"><\/section>\n<section class=\"node node-type-story node-full node-nid-599924 ads-injected\">\n<div class=\"sub-title-box\"><\/div>\n<div class=\"content\">\n<p>The Canadian Real Estate Association says <strong>home sales in June posted their largest monthly drop since 2010,<\/strong> with the Greater Toronto market leading the decline.<\/p>\n<p>This is the third monthly decline in a row&#8230;<\/p>\n<p><a href=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2017\/07\/16\/20170711_cad.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2017\/07\/16\/20170711_cad_0.jpg\" width=\"600\" height=\"317\" \/><\/a><\/p>\n<p>Under the covers, it&#8217;s Toronto that is suffering the most&#8230;<\/p>\n<p><strong>Toronto existing home sales drop 37.7% y\/y<\/strong><\/p>\n<ul>\n<li>Average Toronto existing home price fell 5.8% m\/m<\/li>\n<li>Average Toronto existing home price up 6.3% y\/y<\/li>\n<\/ul>\n<p><strong>Vancouver existing home sales drop 12.2% y\/y<\/strong><\/p>\n<ul>\n<li>Average Vancouver existing home price fell 3.2% m\/m<\/li>\n<li>Average Vancouver existing home price up 2.7% y\/y<\/li>\n<\/ul>\n<p>And as a reminder, there appears to be plenty of room for this to fall further&#8230;<\/p>\n<p><a href=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user5\/imageroot\/2017\/07\/05\/canada%20home%20prices%20dallas%20afed.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user5\/imageroot\/2017\/07\/05\/canada%20home%20prices%20dallas%20afed_0.png\" width=\"600\" height=\"382\" \/><\/a><\/p>\n<div class=\"injected-ad-wrapper\"><\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Canadian Home Sales Crash In June The Canadian Real Estate Association says home sales in June posted their largest monthly drop since 2010, with the Greater Toronto market leading the decline. This is the third monthly decline in a row&#8230; Under the covers, it&#8217;s Toronto that is suffering the most&#8230; Toronto existing home sales drop [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[103,12434,10294,2340,803,1340,4318],"class_list":["post-24481","post","type-post","status-publish","format-standard","hentry","category-economics","tag-canada","tag-canadian-real-estate-association","tag-home-sales","tag-housing-market","tag-toronto","tag-vancouver","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/24481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24481"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/24481\/revisions"}],"predecessor-version":[{"id":24482,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/24481\/revisions\/24482"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}