Home prices are expected to rise or remain stable in most Canadian markets this year, according to an in-depth report released by one industry organization. “With an increased supply of inventory on the market going into the New Year, the average sale price is expected to remain stable or rise modestly in most cities in 2015,” RE/MAX states in its recently released 2015 Housing Market Outlook Report. “Montreal (1%), Quebec City (1.5%), Ottawa (1.6%) and Sudbury (1.6%) are expecting a modest rise in average residential sale price, while little change in prices is expected in Winnipeg, Saskatoon and St. John’s.”
Posted on: Fri, 09 Jan 2015 23:31:31 +0000
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