When Will Prices Soften Within the Canadian Real Estate Market?

Author: External Author | | Categories: Real Estate , Real Estate Purchase , Real Estate Sales

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The Canadian real estate market has been consistently dominating the news headlines for the last year. Reports of sales volume and average housing prices breaking records from coast to coast have been the story since the latter part of 2020 and the first quarter of 2021.

With the global pandemic causing many to work from home, the daily routine of millions across the country has drastically changed. People are now working remotely and spending far more time at home with their families, leading to a realization that more space may be a necessity. While prior to the pandemic, many people migrated to bigger cities for job opportunities and proximity to work, within the last 12 months the opposite has occurred.

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Original Article Source Credits:   REMAX , https://blog.remax.ca/

Article Written By:  NA

Original Article Posted on:  May 11th, 2021

Link to Original Article:  https://blog.remax.ca/when-will-prices-soften-within-the-canadian-real-estate-market/

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