Ontario Real Estate Is The Most Overvalued In Canada Slow Growth Expected Moody

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Canadian home prices are generally overpriced across the country, especially in cities. The agency’s models show the urban composite is 22.6% overvalued as of Q2 2021. They still expect them to rise another 2.6% next year, with growth tempering even lower the year after. The average growth over the next two years is forecast to be an annual average of 1.38% over the next two years.

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