Canadian Housing Forecasts Call For A Boom ... Or Worst Crash In 40 Years

This could be the toughest year in living memory to make predictions about the economy ― especially the housing market.

Amid the worst economic slowdown in decades, home sales and prices soared in many Canadian cities in 2020, along with housing markets in many other countries. The average house price in Canada has shot up by 13.8 per cent over the past year, and by 14.6 per cent in the U.S.

Original Article Source Credits:   HuffingtonPost , https://www.huffingtonpost.ca/

Article Written By:  Daniel Tencer

Original Article Posted on:  01/02/2021 

Link to Original Article:  https://www.huffingtonpost.ca/entry/housing-forecast-canada-2021_ca_5fec942cc5b64e4421082979