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Canadian house prices to jump this year, but will slow in 2022


FinanceCanadian house prices to jump this year, but will slow in 2022
Mumal Rathore
4 minute read
Single family homes are seen against the skyline of Vancouver, British Columbia, Canada September 30, 2020. REUTERS/Jennifer Gauthier
Canadian house prices will rise sharply in 2021, supported by ultra-low interest rates and robust demand driven by massive fiscal support, according to a Reuters poll of analysts who however said risks were skewed to the downside.
Even with the economy at an early stage of recovery, Canada s housing market has been on a tear in recent months, with home prices escalating sharply to record highs this year, driven by investor activity and solid demand from first-time buyers. ....

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