7% INCREASE in Canadian Home Prices: Royal LePage's UPDATED 2023 Forecast!

Royal LePage's updated 2023 Canadian real estate forecast says that home prices in Canada will increase 7% by the end of 2023.

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This is your weekly look at the Canadian real estate news.

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???? https://linktr.ee/baldprairierealestate
➡️https://www.instagram.com/baldprairierealestate/
➡️ facebook.com/baldprairierealestate
???? (306) 591-3353
???? matthew@baldprairierealestate.com
Royal LePage Regina Realty

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https://www.ctvnews.ca/politics/feds-unlock-another-20-billion-for-low-cost-rental-construction-financing-freeland-1.6578303

https://dailyhive.com/vancouver/metro-vancouver-regional-dcc-fees-new-developments-proposal

https://realestatemagazine.ca/quebec-realtors-report-increase-in-buyers-assuming-sellers-mortgages/

https://www.bnnbloomberg.ca/housing-starts-up-1-in-first-half-of-2023-as-apartment-starts-offset-declines-cmhc-1.1980796

https://www.thestar.com/real-estate/canada-is-building-fewer-homes-today-than-during-the-2020-lockdowns-and-the-worst-is/article_e5e4218d-418f-5087-88f9-31c1ba75d7f4.amp.html

https://www.royallepage.ca/en/realestate/news/national-year-end-price-forecast-downgraded-modestly-following-sluggish-third-quarter-royal-lepage/

My name is Matthew Pfeifer, and this is Bald Prairie Real estate, a Canadian real estate channel. I am a REALTOR® in Regina Saskatchewan working for Royal LePage Regina Realty. In over 10 years working as a real estate agent, I have seen both ups and downs in the market. But there is no real estate market that you cannot buy or sell a house in. Often the media tries to present a Canadian real estate market, or they talk about the real estate market in Canada as if there is a national real estate market. The real estate market in Canada is very regionalized and local, which is why my monthly Canadian real estate market does not just look at the national statistics, or updates that cover Vancouver and Toronto only, but other individual cities like Calgary, Halifax, Montreal and more. The very local aspect of the Canadian real estate market is why it can be so hard for governments to craft policy for the "Canadian" real estate market. Being from Regina, me and my team specialize in the Regina real estate market and have a much different approach and outlook on Canadian real estate than a REALTOR® from a larger market like Toronto or Vancouver. I cover first-time home buyer topics, tips for selling your home, how to buy a house in Canada, monthly Canadian housing market updates and weekly Canadian real estate news recaps.

#realestate #canadianrealestate #royallepage