However, many are waiting for prices to fall
Mortgage balances rose in the quarter, while other consumer debt fell, Equifax says
Buyers forced to drop out of the market in spring drove sales
Economic shock of pandemic not yet fully reflected in housing market data
Sales were up 30.5% year over year, the association reported
B.C. and Ontario outperformed mainly because of strong real estate investment, while Quebec and the Maritimes lagged
The agency sees a range of outcomes for key markets
Construction activity remains 4% below last year's pace
CMHC says the seasonally adjusted annual rate of housing starts was 211,681 units
TD Economics has downgraded its forecasts for home sales and prices amid weak population growth