Canada’s largest markets could be at inflection point for recovery

Toronto remains in a buyers' market for homes. PHOTO BY PETER J THOMPSON /Postmedia Article content Resale real estate saw flat month-over-month activity in April, though some of Canada’s largest markets may be reversing their downward trajectories. An RBC Economics report pointed to Toronto experiencing a six per cent increase in resales in April from March. Year over year, sales grew seven per cent. That led RBC to suggest that Toronto and other large Ontario markets like Hamilton “could be finally turning around.” Article content Article content Overall, sales were up less than one per cent…