10 Feb As Canada’s new mortgage rules impact home buying, here’s where industry experts think prices are headed.
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Canadian home prices have been climbing for years, but with the introduction of new mortgage rules and January’s Bank of Canada rate hike, will prices continue to rise in 2018? According to some industry experts, the answer is they likely will.
In Canada’s hottest housing markets — Toronto and Vancouver — many industry watchers are predicting that price growth will continue this year as strong demand, particularly in the condo segments, is met by limited supply. To nail down where prices are headed in 2018, BuzzBuzzNews has compiled industry commentary published in the last week.