Royal LePage: Canadian home prices forecast to rise 5.5% by the end of 2021 as low inventory and unmet demand set to fuel price increases
Tags: Royal LePage, Canadian, Home Prices, 2021
Aggregate price of a home in the Greater Toronto Area forecast to rise 5.75% Tech and government sector expansion to drive Ottawa prices up 11.5% Canada’s priciest city to experience 9.0% rise as housing demand in Vancouver surges Halifax and Greater Montreal prices forecast to rise 7.5% and 6.0%, respectively Calgary, Edmonton prices buck region...Read More
2018 New OSFI Stress Test & Canada Wide Real Estate Forecast
Tags: canada real estate, stress test, new mortgage rules
New OSFI Stress Test Set to Limit National Home Price Appreciation to 4.9% in 2018 Impact of new stress test expected to be contained to first half of 2018 for most major markets Still risk of high price appreciation in Greater Toronto Area and Greater Vancouver as chance of market correction fades Compounding policies could have unintended consequences for struggling housing markets ...Read More