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Resale Housing Market Forecast from CREA June 2021

Wednesday Jun 22nd, 2022

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CREA Updates Resale Housing Market Forecast The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate boards and associations in 2022 and 2023. With interest rates on the rise, and with 5-year fixed rates getting well out ahead of what the Bank of Canada is expected to do later this year, home sales have cooled sharply in recent months. Prices have also been halted in their... [read more]

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