A CIBC Report Expressing Factors That May Help Support Real Estate Prices

Recently there are many reports forecasting a market slow-down in real estate for next one or two years. Recent market data may also have supported this view. For a change, here is an article expressing a relatively positive outlook for the long term. This report, prepared by Benjamin Tal, the Deputy Chief Economist of CIBC,  does not exclude the fact that the market is likely to have a contained correction but further point out a couple of factors that might help sustain the housing price for the next 10 years. Please click the picture above to access to the article from CBC website. To be an informed seller or buyer, it is important to listen opinions from either side. If you have any questions about real estate specific to your local area, please feel free to contact me anytime to discuss.

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Antony Chan

Antony Chan

CENTURY 21 King's Quay Real Estate Inc., Brokerage*
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