The Latest in Mortgage News: 2020 Forecasts
Following a challenging 2018, by most accounts 2019 could be characterized as a “turnaround year” for Canada’s housing market. And 2020 is looking to bring much of the same.That’s according to predictions for the new year by CMHC, the Canadian Real Estate Association (CREA) and several real estate firms. But while sales are forecast to pick up, housing inventory will continue to lag demand, putting continued pressure on prices, according to CREA.
Original Article Source Credits: Canadian Mortgage Trends , https://www.canadianmortgagetrends.com/
Article Written By: Steve Huebl
Original Article Posted on : December 30, 2019
Link to Original Article: https://www.canadianmortgagetrends.com/2019/12/the-latest-in-mortgage-news-2020-forecasts/