Posthaste: Condo price gains seen outpacing detached homes as market rebounds in GTA

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 80%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Meanwhile, in Vancouver you can expect to pay almost $2 million for a detached home, says Royal LePage

Condos are expected to outstrip the price gains of much-coveted detached homes in Canada's biggest city in 2022.Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page.The condo market in Toronto took the hardest hit of any city in Canada when residents fled in the early days of the pandemic. Listings soared, prices fell and a flood of vacant units sent rents downward.

Royal LePage is the second major realtor to forecast double-digit price gains for Canada’s housing market next year. Realtors see strong growth ahead, but down from the blistering 21.4% jump estimated for this year.that home prices will rise by 9.2% in 2022, with some of the strongest price growth in smaller centres in Atlantic Canada and rural Ontario.

“That said, I do expect to see price appreciation ease from the unhealthy levels that we have been grappling with over the last 18 months.” “Just about every listing receives multiple offers and ultimately sells above the asking price, many without conditions. This competitive environment makes it especially difficult for first-time buyers to transact,” he said.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 10. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

BoC to maintain inflation mandate, will consider job market in rate decisionsCanada's central bank has been told to keep the annual pace of price gains at its historic target, but also to help build up the labour market.
Sumber: CTVNews - 🏆 1. / 99 Baca lebih lajut »

Goldman Sachs is bullish on 3 tech stocks with up to 173 per cent upsideThe Wall Street giant sees plenty of stocks worth buying at their current prices
Sumber: nationalpost - 🏆 10. / 80 Baca lebih lajut »

Omicron's impact on oil market looks troubling for stocksOil price movements offer the closest reading possible of COVID\u0027s impact on the economy
Sumber: nationalpost - 🏆 10. / 80 Baca lebih lajut »