CREA predicts 4.8% drop in average home price by end of year, followed by 4.7% rise in 2024

white and red wooden house miniature on brown table

The Canadian Real Estate Association (CREA) recently released its latest predictions for the country’s housing market, and the outlook is mixed. While home prices are expected to decline this year, the association anticipates a rebound in 2024. However, home sales are projected to drop in 2023 before recovering in the following year. According to CREA, […]