Did you know that the cheapest day in Canada to buy a home is the third Tuesday in January? In almost every industry, January is known as a slow month. The holiday rush is over, and people prefer to hibernate inside whenever possible – particularly if they were overspending over the holidays.
However, over the last four years home prices in January are on average over $20,000 less than in July. And statistically, the cheapest day of the year to buy is the third Tuesday of the month.