News Formal

CMHC forecasts 'moderation' in Canadian housing market over next two years

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 99%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Canada Mortgage and Housing Corp. says the country's real estate market is expected to moderate over the next two years as the growth in housing prices is expected to slow to more in line with economic fundamentals.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

If it's repeated enough times maybe the population might believe it

still unaffordable in the gta and surrounding area!

With the continual increase in rates, high housing costs and wages not keeping up, expect a housing slump. So sad the youth of today can't afford to purchase a home.

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:

 /  🏆 1. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canadian housing market expected to moderate over next two years: CMHCNational housing agency projects housing starts, sales both expected to decline in 2019 and 2020 When you jack up interest rates that’s what happens!!!
Source: globeandmail - 🏆 5. / 92 Read more »

CMHC says housing market will moderate for next two years as sales and prices declineHome prices are forecast to range between $501,400 and $521,600
Source: nationalpost - 🏆 10. / 80 Read more »