Falling house prices have led to more uncertainty for anyone hoping to make a move
![Experts say housing market is heading for ‘pain’](https://smartcdn.gprod.postmedia.digital/financialpost/wp-content/uploads/2022/07/housing-market-pain_hero_43_1280x960_v20220706145547.jpg?quality=90&strip=all&w=288&h=216)
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While economists have previously pointed to international risks, such as the war in Ukraine, as a probable reason for a Canadian recession, our rocky housing market is bringing the prospect closer to home.
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During April, figures from the Canadian Real Estate Association showed that home sales declined by 12.6 per cent a month after the Bank of Canada announced its first post-pandemic rate hike of 25 basis points, or…