Canadian Real Estate Association forecasts average price rising 16.5 percent in 2021 amid lack of homes for sale

Author: External Author | | Categories: Home buying , Mortgage Services

The average price of a home in Canada is expected to increase by 16.5 percent this year.

The Canadian Real Estate Association made the forecast as it cited an “unprecendented imbalance of supply and demand”.

According to the association, the inventory of homes available for sale at present is less than two months.

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Original Article Source Credits:   Straight ,

Article Written By:   Carlito Pablo

Original Article Posted on:  March 15th, 2021

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