Why there’s more trouble ahead for real estate in 2023

Analysts offer a sober forecast for the housing market, warning there’s no ‘sharp snapback’ coming as more economic pain looms

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Lordmandeep

8 · 3 months ago · Reddit

There is gonna be a lot of closings this spring and a lot of people renewing mortages they cant afford.

Means there will be less funds for people to buy homes and be more supply so prices wont go up for a bit.

A condo once called a ‘ghost hotel’ gives Airbnb exclusive rights

Rising interest rates, falling sales pushing some investors out of Toronto's condo market

Toronto-area rent prices ‘rise by fastest pace on record,’ new report says

Cost of renting a condo in Toronto is approaching pre-pandemic peak, report finds