Sales in January were at the lowest point since 2009
The Canadian Real Estate Association says home sales last month were the lowest since 2009.
Compared with a year ago, sales were down by over 37 percent.
Home sales tumbled last year as rising mortgage rates increased the cost of borrowing.
The average price of a home in Canada is just over $612,000.
Lighthouse Festival Preparing for 2027
Opening line up for live theatre in Port Dover and Port Colborne
Province Invests More in Niagara Health
Over $20-million to be spent on reducing wait times for many procedures, at Niagara Health and Hotel Dieu
Flooding Relief on List for AMO
Mayor Mat Siscoe and officials will ask for more help at Association of Municipalities of Ontario conference, but also housing and addictions
Over $40,000 Raised for Day of Giving
Turkstra and Credit Union big contributors, but also individuals raised over $14,000 to help people who have nothing after floods
Police Concerned After Man Released
London police say Connor Bennett is now in Thorold
Body Found During Home Demolition
Police believe Brenda LeBlanc was murdered
2 Men Wanted After Lincoln Break In
Police say this happened on Cherrywood Drive
Boy Severely Hurt in Lundy's Collision
Hamilton police helped the NRP arrest a driver for impaired driving