Posthaste: Canada’s housing market is showing green shoots, but something is missing

Good Morning!

The year-long winter may be coming to a close in Canada’s housing market, with many economists calling an end or near end to the correction that has seen home sales and prices plummet off pandemic highs.

Home sales rose 1.4 per cent in March, following a 1.5 per cent advance in February, the first back-to-back monthly gains since the correction began 12 months ago.

But while buyers are returning, there is still something missing — sellers.