Canadian Real Estate Association forecasts average price rising 16.5 percent in 2021 amid lack of homes for sale
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.
Original Article Source Credits: Straight , https://www.straight.com/
Article Written By: Carlito Pablo
Original Article Posted on: March 15th, 2021
Link to Original Article: https://www.straight.com/news/canadian-real-estate-association-forecasts-average-price-rising-165-percent-in-2021-amid-lack