Home Sales and Prices in Major Markets During the Pandemic

Author: Andre Ouimet - Mortgage Agent | | Categories: Mortgage Agent , Mortgage Refinance

At the time of our 2020 Housing Market Outlook report, there was extreme uncertainty about how the pandemic and economic consequences would evolve. Existing home sales and prices have generally exceeded pre-COVID levels and CMHC’s forecast range over the pandemic. The housing market has performed strongly despite measures that limited economic activity in order to manage the on-going pandemic.

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Original Article Source Credits:     Canada Mortgage and Housing Corporation  , https://www.cmhc-schl.gc.ca/

Article Written By:  February 25, 2021

Original Article Posted on:  NA

Link to Original Article:  https://www.cmhc-schl.gc.ca/en/housing-observer-online/2021/home-sales-prices-major-markets-during-pandemic