There are some storm clouds on the horizon for the Canadian real estate industry. Several reputable organizations are updating their 2022 projections in real-time and their forecasts may have an impact on your plans.
The Royal Bank of Canada’s revised projections:
Canadian Real Estate Is In For A “Game Changer,” Forecast Revised Lower: RBC
Moody’s Analytics:
Canadian Real Estate Markets Are Up To 108% Overvalued: Moody’s
If you have any questions about how these forecasts may impact your real estate goals, please contact me. I’m always available to help you understand the market and assist you to meet your home selling and buying needs.
