CREA Raises Resale Home Sales. Activities & Average Home Price Forecasts

It's just a nudge up, but it does confirm that across the country, even with the new mortgage rules, sales are moving better than expected. And home sales should be about the same as last year.

CREA's home price outlook also nudged up, with the national average home price forecast to rise hour per cent this year. I've said it before... and I'll say it again... low interest rates will continue to make it attractive to get into a home or move up to a bigger home.

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Sherif Nathoo

Sherif Nathoo

Sales Representative
CENTURY 21 Leading Edge Realty Inc., Brokerage*
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