Home Sales & Prices Won’t Fully Recover Until 2022, Says CMHC

June 24, 2020

Significant drops in employment in Canada’s major cities will keep downward pressure on housing demand, with sales and home prices not expected to rebound to pre-COVID levels until 2022, according to CMHC’s latest Housing Market Outlook.

Full article is here

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Until next time,
Your mortgage expert Evgeny Kamenskiy