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Found 1 entry for December, 2021.

Omicron variant emergence may extend period of unusually strong real estate markets

  •          The GTA is the only region where condominium price appreciation is forecast to outpace that of detached homes; prices expected to rise 12.0% year-over-year in 2022
  •          Greater regions of Toronto and Vancouver forecast to see highest aggregate price appreciation at 11.0% and 10.5%, respectively
  •          Detached home prices in Halifax expected to rise 10.5%, followed by the Greater Montreal Area and Ottawa (9.0%)

Housing markets are expected to be unusually active through the winter season

Following more than a year of record price appreciation across the country, Canadian home values are expected to rise strongly again in 2022,

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