“How’s the Market?”
What’s Ahead for Real Estate
While no one can predict the future with certainty, there are signs that the Canadian housing market is starting to stabilize in some cities after a downturn in the first half of the year. Experts forecast that in most areas of the country housing prices will remain high, rents will rise, and mortgage rates will continue to creep up. Alberta, however, is still struggling and in a Buyers market.
So what does that mean for home buyers and sellers? To answer that question, we take a closer look at some of the top indicators.
REAL ESTATE MARKET SHOWS SIGNS OF STABILIZING
After years of skyrocketing housing prices, much of Canada is now witnessing the effects of a governmental-induced slowdown. A…