Canadian home prices set to drop by almost 25% by end of 2023: Desjardins
Desjardins Economics addresses the recent correction in the real estate market. They have adjusted their forecast downward, from a previous 15 percent to 23 percent for 2023. Alas, once again, when talking about national figures Vancouver and Toronto significantly skew the numbers such that the statistics don’t reflect the Ottawa real estate market. Go to the Financial Post for the details or to the Ottawa Business Journal for a summary.