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Posthaste: Canada home prices are heading into correction territory

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Summary
Nutrition label

71% Informative

Canada ’s composite MLS home price index fell for a fifth consecutive month in April , down 1.2% from March and 3.6% from the year before .

Ontario is taking the brunt of it, with every market posting month-over-month declines.

Condos are leading the price decline in both Toronto and Vancouver .

VR Score

79

Informative language

82

Neutral language

37

Article tone

formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived