The B-20 stress test tightened its grip on housing markets across Canada in November, as home sales recorded on Canadian MLS Systems fell by 2.3 percent, on top of the decline in October of 1.7 percent. While sales this fall are up from the spring, they remain below monthly levels posted from 2014 through 2017, says Gregory Klump, chief economist for the Canadian Real Estate Association (CREA).

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