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Homebuyers brace for continued price increases and tight competition this spring following double-digit gains in final quarter of 2021

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Homebuyers brace for continued price increases and tight competition this spring following double-digit gains in final quarter of 2021

Demand for homes remains high across the country as Canadians continue to prioritize their living space over other purchases. However, housing shortages characterized many urban centres before the pandemic and supply has continued to tighten. Multiple buyers competing for too few properties has resulted in continued upward pressure on prices and buyers who were unsuccessful are strengthening the pipeline of demand. With no supply relief on the horizon, home prices are expected...[READ MORE]

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