Resale Home Prices Rise

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average price declines

calgaryherald

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Hot fall market could drive home prices higher in most cities

Summary

Nutrition label

79% Informative

National realty firm Zoocasa recently published its fall forecast, pointing to declining interest rates spurring strong demand this fall in most Canadian cities.

Greater Vancouver and Toronto are expected to see average price declines, breaking a trend whereby even amid rising interest rates, average prices continued to rise in those cities year over year between 2020 and 2023 in the fall.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful