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Canadian Real Estate Prices Seen Peaking In Q2, According To Another Big Six Bank

Author: External Author | | Categories: First Time Home Buyer Mortgage , Investment Property Mortgage , Mortgage Broker , Mortgage Industry , Mortgage Pre-Approval , Mortgage Renewal , Private Mortgage

Canadian real estate prices are in for the reverse of last year, according to a Big Six bank. BMO is forecasting home prices will be significantly higher than last year, in the first half of 2021. The second half should cool down though, with prices in Q4 finishing similar to Q1. They’re also forecasting next year will be much slower, as things return to normal. Whatever that looks like.

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Original Article Source Credits: Better Dwelling,

Article Written By: NA

Original Article Posted on: 5th January 2021

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