How is the Coronavirus Pandemic Impacting Canada’s Spring Housing Market?

Published in Realtor, May 1, 2020
In the second half of March 2020, real estate boards across the country recommended their members to halt all open houses. This was an essential move in-line with physical distancing that policymakers and medical professionals say is critical to prevent runaway spread of the virus. It barely warrants noting that it will be a huge struggle to continue to sell homes at a time when prospective buyers are told to avoid leaving their homes and are likely wary of spending large sums in the current economic environment.