“2023 is likely to mark the weakest sales year since 2001,” Sondhi said in the note.
It won’t be until 2024 that things truly turn around for the housing market. TD expects both sales and average home prices to post gains next year once the economic picture clears, with prices rising 3.9 per cent and sales growing 18.9 per cent on average nationally.
With interest rates expected to rise, you have to question how low is that bottom.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Posthaste: Housing market bottom is within sight, TD saysDeclines in home prices and sales are expected to bottom out in the first few months of 2023, according to TD Economics. Find out more. James Webb. In other words : bankofcanada & JustinTrudeau continue to screw over canadians for the little they have. Thx! cdnpoli cdnmedia With current interest rate increases, the foreclosure market is going to kick in
Source: nationalpost - 🏆 10. / 80 Read more »
Posthaste: Housing market bottom is within sight, TD saysDeclines in home prices and sales are expected to bottom out in the first few months of 2023, according to TD Economics. Find out more.
Source: fpinvesting - 🏆 43. / 63 Read more »
Posthaste: Housing market bottom is within sight, TD saysDeclines in home prices and sales are expected to bottom out in the first few months of 2023, according to TD Economics. Find out more.
Source: financialpost - 🏆 7. / 85 Read more »