Phil Soper Royal LePage expects sellers' market in 2014 after year of sluggish sales

January 9, 2014 - fter home sales ramped up late in 2013, Canada’s housing market should continue to favour sellers for the first part of 2014 before balancing out for the rest of the year, Royal LePage says.

In a report released Thursday, the agency pins its optimism on robust housing sales in late 2013 after a year-long “correctional cycle” that saw a considerable slowdown in home-buying.

The report says sales will continue their strong momentum for the first half of 2014, and dismisses concerns from some experts who predict a “soft landing,” or a mild correction in housing prices after years of increases.

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