01/12/2023
After a wild 2022, a new year is here. But what will it hold for the real estate market?
We’ve rounded up economists’ predictions for 2023:
💸 Mortgage rates will eventually stop climbing
🏘️ Buyers will return to the market
💰 Home prices will stabilize later this year
📈 Rent prices will continue to climb
Wondering what these trends mean for homebuyers, sellers, and renters in 2023? Check out our latest blog post!
🔗 https://bit.ly/3QCPpdf
Feeling lost?? We are happy to guide you on your real estate journey!
If you’re ready to sell your home or find your dream home this year, contact us today!
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Last year, one factor drove the real estate market more than any other: rising mortgage rates. In March 2022, the Bank of Canada began a series of interest rate hikes to pump the brakes on inflation. While some market sectors have been slow to respond, the housing market has reacted accordingly. Bot...