Storeys: “Peak to Trough”: Benchmark Canadian Home Prices Expected to Fall 12 – 13%

The national housing market has entered a bona fide cooling period, with benchmark Canadian home prices set to plunge even further before the current downward trend is through, according to a prominent economist. In comments made during the bank-produced The Real Pulse podcast, Robert Hogue, RBC’s Assistant Chief Economist, said additional downward pressure is to come for home prices, given the “huge role” rising policy interest rates have played in softening the market since March.   READ MORE...


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Mississauga Real Estate Board
3450 Ridgeway Dr #1
Mississauga, ON L5L 0A2, Canada
Phone: 905.608.6732
Fax: 905.608.9988