September 2022

National 2022 home price forecast lowered to 5% to reflect softening markets in Ontario and B.C.

Posted on Sep 06, 2022 in Market Trends

Royal LePage is forecasting that the aggregate price of a home in Canada will increase 5.0 per cent in the fourth quarter of 2022, compared to the same quarter last year. The forecast has been revised downward from the previous quarter following more aggressive than expected interest rate hikes by the Bank of Canada, resulting in an expected tempor...

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