This week’s top real estate news in Ontario and how your real estate business could be affected.
CMHC releases Q2 housing market outlook
The average Canadian home price is expected to continue to increase in the next two years, meaning CMHC doesn’t expect any sort of wide-scale correction. “The average MLS® price is forecast to be between $474,200 and $495,800 in 2016 and between $479,300 and $501,100 in 2017. These levels are higher than the 2015 average price of ...
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