Royal LePage says it expects home prices to flatten in the second quarter and then modestly increase in the second half of the year, ending 2023 on an upward trajectory
Royal LePage is forecasting the aggregate price of a home in Canada will drop by one per cent to $765,171 by the fourth quarter of 2023.
Its calculations show the median price of a single-family detached property will fall by two per cent to $781,256 and condominiums will slide one per cent to $568,933 by the end of next year.
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