Tag Archives: global news

The efforts and complications of trying to cool Canada's hot housing market

Canada’s housing market may be cooling for now, but owning a home is still out of reach for many Canadians. Royal LePage predicts prices could surge an additional 15 per cent by the end of 2022. Mike Drolet looks at the efforts to tame the market, and the ripple effects. Plus, Canada’s federal government also […]

Canadian housing market to cool down in 2022, Royal LePage

Home prices increased by 25 per cent year-over-year last spring, creating bidding wars in cottage country and major urban centres. However, one of Canada’s largest real estate firms is predicting a cool-down in the housing market. Royal LePage estimates home prices will only climb 16 per cent in the fourth quarter of 2021, pushing the […]