Uncertainty, lower demand expected in Canada’s housing market: CMHC
Canada Mortgage and Housing Corp. is bracing for further impacts on the housing market from the COVID-19 pandemic.
The housing market will have to reckon with significant short-term uncertainty, as well as falling housing demand from weaker household incomes in the medium term, the Crown corporation said on Friday.
Original Article Source Credits: Global News , https://globalnews.ca/
Article Written By: Staff
Original Article Posted on: August 28, 2020
Link to Original Article: https://globalnews.ca/news/7304001/cmhc-housing-market-coronavirus/