Home Sales and Prices in Major Markets During the Pandemic
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.
Original Article Source Credits: Canada Mortgage and Housing Corporation , https://www.cmhc-schl.gc.ca/
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Original Article Posted on: February 25, 2021