The Pandemic Was Bullish For Canadian Real Estate, Confirms National Stats Agency
Canada’s national statistics agency reported real estate prices made the biggest gain in years — during a pandemic. Statistics Canada (Stat Can) data shows real estate prices increased in Q4 2020. The rise was the biggest since 2017 and is being attributed to low-interest rates. The data is consistent with local real estate boards, showing detached homes represent almost all of the gains. Meanwhile, condo apartments are stalling compared to a year before.
Original Article Source Credits: Better Dwelling, https://betterdwelling.com/
Article Written By: NA
Original Article Posted on: 8th February 2021