Canadian home prices forecasted to be flat this fall amid high interest rates: report
A new Re/Max Canada report forecasts the country’s real estate market will soften this fall with average home prices predicted to remain flat as the housing market deals with high interest rates and a lack of homes for sale.
“We’ve been in this kind of stalemate or stagnation for several months now,” said Christopher Alexander, president of Re/Max Canada.
“We’ll see more of the same for the remainder of the year.”
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