Sean Hartley | Team GEMINI
RE/MAX Escarpment
Languages
- English
Specialties
Buyers, Condominiums, Downsizing, Luxury Homes, Sellers, Senior Lifestyle Transition
Locations
Burlington, Milton, Mississauga, Oakville
Canadian Housing Market Shifting into Balance in 2023
The majority of Canadian housing markets balancing out, with 60 per cent anticipated to be balanced markets in 2023
Nov 29, 2022
RE/MAX Canada expects average residential prices to decrease by 3.3 per cent in 2023
- The biggest price declines across the country are expected in Ontario and Western Canada, where some markets may see average residential sale prices decrease by 10 to 15 percent
- Price growth outlooks are anticipated in Atlantic Canada markets, with average residential sale prices expected to increase by eight percent in Halifax and four percent in St. John’s in 2023
- 60 percent of regions in Canada are expected to be balanced markets in 2023, according to RE/MAX brokers and agents
- 73 percent of Canadians still say that home ownership is the best long-term investment they can make
⬇️For the full article click below:
https://blog.remax.ca/canadian-housing-market-outlook/?rmxv=1664296791