Real Estate Experts Predict Slight Drop in Canadian Home Prices Amidst Market Shifts


Image by: unsplash

The experts cite a number of factors, including rising interest rates, stricter mortgage rules, and an oversupply of homes on the market. While the expected drop is relatively small, at just 1%, it represents a notable change in the market, which has been marked by rapidly rising home prices in recent years. The panel suggests that this is a good time for prospective buyers to enter the market, but caution that those who are already in the market may face challenges when it comes time to sell.

Read the full article on: BNN Bloomberg