Housing market expected to experience declines throughout rest of 2020 in Mississauga | insauga.com
https://www.insauga.com/housing-market-expected-to-experience-declines-throughout-rest-of-2020-in-mississauga
Month: May 2020
Home sales are down 69% — is this a once-in-a-decade chance to get into Toronto’s housing market?
House-hungry millennials could be forgiven for hoping that the silver lining in COVID-19’s economic rampage is an unexpected shot at the real estate market. With home prices set to soar at the start of this year, many would-be buyers went Read More …
Home Price Recovery Not Expected Until 2022
On the heels of new data showing that home prices tumbled in April across many of Canada’s largest cities, CMHC is forecasting it will take at least until 2022 for a return to pre-recession levels. The federal housing agency modelled Read More …
2020 Mortgage Forecasts: Defaults to Jump, Originations to Tumble, Sales to "Suffer" – Mortgage Rates & Mortgage Broker News in Canada
There’s no doubt that Canada’s mortgage and real estate industries will suffer in the short term due to the impacts of the coronavirus pandemic. But how long will the pain last and how far out might the recovery be? Those Read More …