The two-year outlook for GTA home values.
All in Ontario
The two-year outlook for GTA home values.
We've seen a lot of changes in the Hamilton housing market over the last few years. The impact of the pandemic-induced low interest rates pushed demand through the roof. Now, a near tripling of mortgage rates has contributed to falling home prices.
The combination of higher borrowing costs, economic uncertainty, rising supply of active listings, and government policies aimed at cooling the housing market have all contributed to the rapid drop in property values in Toronto. However, it's important to keep in mind that the real estate market is complex and that the impact of these factors can vary from area to area.
Up to date predictions of where home prices are headed and why.
The London real estate market is going ballistic in every category.
Hamilton is the highest-risk property market in Canada.
Ottawa is a high-risk Canadian property market.
Values for all home types are rising in Metro Toronto.