Victoria has a moderate risk for a home price correction.
All in Forecast
Victoria has a moderate risk for a home price correction.
Hamilton is well-positioned to outperform Toronto.
There is very little consensus among economists, however, most agree that the market will be softer in 2021.
The average Canadian still retires at 65 - a milestone most Baby Boomers will have achieved in less than 5 years.
Regardless of the city, these are some common trends affecting home values.
The rise of family-sized apartments.
Hamilton's home prices are resilient for now. The recession will likely push down prices.