Canadian Housing Market Forecast 2023-2024

Bank of Canada's rate hikes and hawkish signaling may slow down housing market activity.
Anticipated rate cuts by the Bank of Canada in 2024 may stimulate sales and prices.
Low supply in the resale market due to healthy job markets and lengthened amortizations; expected rise in listings next year.
Low supply in the resale market due to healthy job markets and lengthened amortizations; expected rise in listings next year.


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