COVID-19 has made reading next years real estate market harder than ever

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Construction Finance Surrey BC

Canadians are about to get an update on the state of the housing market and the latest resurgence of COVID-19 has only added another layer of confusion to a year of uncertainty over where real estate prices will go in 2021.

On Tuesday, the Canadian Real Estate Association is expected to roll out its latest sales figures and prices for resale homes, and while most property watchers see a continuing short-term trend of weakening high-rise condo prices and increasing low-rise prices, the longer term impact of the pandemic remains far less certain.

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Original Article Source Credits:   CBC News , https://www.cbc.ca/

Article Written By:  Don Pittis 

Original Article Posted on:   Dec 14, 2020 

Link to Original Article:  https://www.cbc.ca/news/business/covid-real-estate-market-1.5838528



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