Though home prices are already unbelievably high in Canada, they aren’t expected to cool down anytime soon, according to housing market experts.
Thinking about buying an investment property in the GTA? Now is as good a time as any to buy. Already soaring prices are expected to continue rising in Canada for the foreseeable future, according to housing market experts.
Canadian single family home prices increased by an astounding 16 per cent year-over-year between July 1st, 2020 and June 30th, 2021. June’s monthly gain of 2.7 percent represented the 20th consecutive monthly rise and the second largest since 1999.
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