Canadian Real Estate Market: Analysis and Outlook - 2023 | |
The Canadian real estate market has been on a rollercoaster ride over the past few years, with many regions experiencing significant price corrections after years of rapid price appreciation. However, there are some indications that the market may be turning a corner, particularly in Toronto, Vancouver, and Calgary. In April 2023, early results from real estate boards gave strong indications that local markets had turned a corner. In most cases, activity ramped up significantly (from depressed levels in March) and prices ticked higher. Buyers appeared more confident to house hunt now that the Bank of Canada has paused its aggressive rate hike campaign. There were also more properties put up for sale last month. While not a significant increase, it was probably enough to whet buyers’ appetites. For updates like that subscribe to the blog at First In Line Condos: https://www.firstinlinecondos.com/ | |
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Target Prov.: All Provinces Target City : All Cities Last Update : May 21, 2023 8:08 PM Number of Views: 127 | Item Owner : neeraj khanna Contact Email: (None) Contact Phone: (None) |
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