All in Forecast
There is very little consensus among economists, however, most agree that the market will be softer in 2021.
The average Canadian still retires at 65 - a milestone most Baby Boomers will have achieved in less than 5 years.
Regardless of the city, these are some common trends affecting home values.
Hamilton's home prices are resilient for now. The recession will likely push down prices.
Local home prices will feel the burden of weak oil prices.
City of Vancouver’s objective in refreshing its housing targets shows they have lost sight of their purpose.