Mortgage Rates & Mortgage Broker News in Canada |
| Canada’s ‘Energizer Bunny’ Housing Market: 2021 Forecasts Posted: 27 Jan 2021 06:05 AM PST The Canadian real estate market defied gravity last year in spite of a global pandemic and nationwide lockdowns. The year ended with the seasonally adjusted MLS Home Price Index up 13% year-over-year with the average house price surpassing the $600,000 mark. “It's official, despite all the challenges, 2020 was a record year for Canadian resale housing activity,” Costa Poulopoulos, Chair of the Canadian Real Estate Association (CREA), declared. But where do prices go from here? Will prices finally fall, as […]  |
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