Low population growth and poor job prospects expected to weigh on GTA home prices.
All in Ontario
Low population growth and poor job prospects expected to weigh on GTA home prices.
The Coronavirus Recession is significantly changing market conditions.
Balanced and honest insights into how to read and interpret real estate news, so you can cut through the smoke and mirrors.
Always check to confirm your Mortgage Broker is still licenced and in good standing.
The benchmark price is stable but a recent drop in the median home price is an indicator of downward price pressure.
Always check to confirm your Realtor is still licenced and in good standing.
Everyone now agrees home prices will fall this year, but no one is confident how much and for how long. Were Toronto, Vancouver, Victoria, and Hamilton in a price bubble? Will prices crash? Should we expect house and condo prices to fall across Canada?
Canadians should prepare for the possibility of a virus-induced home price correction.