Canadian Home Price Prospects
The Canadian housing market has seen increasing prices over the last year, to the extent that some analysts fear the market may be too strong. The latest city data also show surging prices, but recent prints for national prices and building activity indicated some weakening. Where are home prices actually heading?
ECRI’s latest report provides a clear outlook for Canadian real home prices, indicating whether they will ease off in the months ahead, or continue to press upwards.