Predicting what’s to come for Canada’s housing market is extremely difficult. This year’s market defied expectations, roaring back after a dive during the COVID-19 pandemic, and now 2021 is on track to be the busiest year on record. Anne Gaviola has more on what Royal LePage sees in the cards for 2022.
- Average Canadian home price hit $748,450 in January, up 21% in past year
- Canadian home sales set new record in 2021, topping previous high by 20%: CREA
- Housing prices in Canada to keep rising through 2022 as demand outpaces supply: report