Also, the article deals with averages, which will be all the more skewed.
Vancouver cushions Canada Feb home resales fall
But because of the strength in the heavily weighted Vancouver area -- where the average home price, at C$790,380, was more than double the national average -- national sales did not fall as much as they could have.
. . .
"When you take Vancouver out of the equation, the year-over-year increase in the national average price drops to 3.4 percent," said Gregory Klump, CREA's chief economist.
Sales in February were down 5.9 percent from a year earlier, the smallest year-over-year decline in nine months.
The number of new listings edged up 1.5 percent from the previous month on a seasonally adjusted basis, building on a 4.3 percent monthly increase in January.