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What Will The Housing Market Look Like in 2023?
Source: Aaron D’Andrea Global News, December 29, 2022
Home sales and prices have fallen in 2022 as the Bank of Canada raised its policy interest rate in a bid to cool searing-hot inflation.
Many prospective first-time homebuyers have likely been waiting patiently on the sidelines for a chance to get into the Canadian housing market.
As 2023 approaches, a window may be opening for some of them to get that first piece of real estate, whether it’s a condo, a townhouse or a detached home.
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