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Canadian Real Estate Outlook (2023)

Posted on December 8, 2022 by RE/MAX Vernon Salt Fowler Real Estate
Canadian Real Estate Outlook (2023)
 
RE/MAX experts give an overview of the national housing market and their insights into 2023.
 

Amid rising interest rates, and a looming recession, RE/MAX Canada is anticipating a modest decline of 3.3 per cent in average residential sales prices across the country in 2023. The estimates are based on surveys of RE/MAX brokers and agents from coast to coast. In sharp contrast to 2022, most regions analyzed in the report will experience more balanced conditions in 2023 – a trend that’s already starting to materialize as a result of current economic conditions.


This post was originally published by blog.remax.ca.

 If you want to talk to us about Vernon real estate feel free to call us at  250-549-SALT (7258), text us at 250-309-9586 or email us at webinfo@saltfowler.com.

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