Source: Staff The Canadian Press, September 17, 2022
The national average home price is forecast to rise by 4.7 per cent to $720,255.
The Canadian Real Estate Association is cutting its forecast for home sales this year and lowering its expectations for price growth.
In its latest housing market outlook, the association says it expects 532,545 properties to trade hands via Canadian MLS systems this year, down 20 per cent from the 2021 annual record.
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