Royal LePage forecasts that the buyers will turn to condominiums for entry-level real estate purchases in 2023. This is detailed in their December blog post Condominiums to outperform single-family segment in Canada’s major urban centres next year, as buyers seek entry-level housing which was pulled out of the Royal LePage 2023 Market Survey Forecast.
The forecast highlights the costs for condominiums in Toronto, Montreal, and Vancouver.
The PDF below shows that condominiums in Ottawa are forecast to increase by 2.0%.
[pdf-embedder url=”https://www.claudejobin.com/wp-content/uploads/2023/01/2023_Royal_LePage_Market_Survey_Forecast_Chart.pdf”]
