Canadian home prices expected to rise by 10.5 per cent in 2022

Author: External Author | Dec 30, 2021 | Categories: Commercial Mortgage , Construction Mortgage , First Time Home Buyer , First Time Home Buyer Mortgage , Life Insurance Broker , Mortgage Agent , Mortgage Pre Approval , Mortgage Renewal , Mortgage Services , New to Canada Mortgage , Refinance Mortgage , Renovation Mortgage , Reverse Mortgage , Second Home Mortgage , Self Employed Loans , Self Employed Mortgage

Canadian home prices are expected to rise by 10.5 per cent in 2022, with Toronto, Vancouver and Halifax projected to see the largest increases.

According to the new survey from real estate firm Royal LePage, next year’s forecast follows a record-breaking year in 2021, when housing prices jumped by 21.4 per cent.

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Original Article Source Credits: CTV News, https://www.ctvnews.ca

Article Written By: Daniel Otis

Original Article Posted on: Dec. 15, 2021

Link to Original Article: https://www.ctvnews.ca/business/canadian-home-prices-expected-to-rise-by-10-5-per-cent-in-2022-royal-lepage-1.5707993