Will Canadian Housing Prices Fall In Near Term?
RBC sees Canadian residential Real Estate sales as stabilizing after ↓ 25% in 2022. Experts expect prices to ↓ in the near term, due to ↓ affordability and ↑ interest rates. However, the pace of price ↓ will ease gradually due to stable demand-supply conditions. Experts say that population growth may heat things up.
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