More consumer confidence and falling interest rates did not spark a rebound in the fall for Canada’s resale real estate market. A recent RBC Economics report found resales were down year over year in October in most major markets, led by Edmonton where sales fell 17 per cent. Vancouver (-14 per cent), the Fraser Valley region (-15 per cent) and Calgary (-13 per cent) also saw steep declines year over year despite two 25-basis-point cuts in the overnight rate by the Bank of Canada. Read More