Canadian housing market expected to remain active for the remainder of 2020 due to pent-up demand and low inventory levels, says RE/MAX brokers and agents

Author: External Author | | Categories: First-Time Home Buyer Mortgage , Home Purchase Mortgage , Home Renovation Mortgage , Line of Credit , Mortgage Agent , Mortgage Broker , Mortgage Loans , Mortgage Refinance , Mortgage Refinancing , Mortgage Renewals , New to Canada Mortgage , Personal Loans , Purchase Mortgages , Self-Employed Mortgage

Blog by Mortgages by Annie Gazmin}

Leading indicators from RE/MAX brokers and agents across Canada's housing market point to a strong market for the remainder of 2020. According to the RE/MAX Fall Market Outlook Report, RE/MAX brokers suggest that the average residential sale price in Canada could increase by 4.6 per cent during the remainder of the year. This is compared to the 3.7 per cent increase that was predicted in late 2019.

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Original Article Source Credits:   News Wire , https://www.newswire.ca/

Article Written By:  NA

Original Article Posted on:  Aug 20, 2020

Link to Original Article:  https://www.newswire.ca/news-releases/canadian-housing-market-expected-to-remain-active-for-the-remainder-of-2020-due-to-pent-up-demand-and-low-inventory-levels-says-re-max-brokers-and-agents-860775618.html



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