What’s Ahead for Real Estate in 2019?
As we begin another year, everyone wants to know: “Where is the housing market headed in 2019?”
The Canadian real estate market experienced a cooldown in 2018 following years of rapid growth in some provinces. Calgary and Alberta have been feeling the cool down for a few years now with major job losses. Another factor affecting the market is the numerous interest rate hikes as well as the stress test. To help guide you through this shifting landscape, we’ve summarized some of the expert predictions and key factors expected to shape the housing market in 2019 and beyond.
SALES LEVELS WILL STABILIZE
A combination of rising interest rates, provincial policy changes, and a newly-implemented “stress…