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Royal LePage: Canada's national aggregate home price forecast to rise 10.5% by the end of 2022

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Royal LePage: Canada's national aggregate home price forecast to rise 10.5% by the end of 2022

TORONTO, ON, December 15, 2021 – Following more than a year of record price appreciation across the country, Canadian home values are expected to rise strongly again in 2022, however at a slower pace compared to 2021. Pent-up demand from buyers who were unable to transact in 2021, coupled with the growing need for shelter from new household formation and newcomers to Canada, will continue to put upward price pressure on a market suffering from a chronic supply shortage. According to the Royal LePage Market Survey Forecast, the aggregate price of a home in Canada is...[READ MORE]

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