Real Estate News

Housing prices in Canada could fall fifteen per cent by December next year after Bank of Canada rate hikes report


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The average price of a home in Canada peaked at just over $790,000 in February 2022, marking a 50 per cent increase over two years. But the report, published on Wednesday by Desjardins, says by December 2023, the average national home price could fall to around $675,000.

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