CMHC predicts home prices to reach 2022 peaks by 2023, surpassing by 2026; housing starts decline then recover in 2025-26.
The Canada Mortgage and Housing Corp. (CMHC) predicts that home prices could reach peak levels seen in early 2022 by next year and surpass these heights by 2026, according to its latest housing market outlook report. Housing starts in Canada are expected to decline this year before recovering in 2025 and 2026.
April 04, 2024
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