House prices have likely peaked after a strong six months, Royal LePage Real Estate Services said Thursday in a market update. While prices saw big year-over-year price increases in the second quarter, “high house prices are concealing early signs of
Economist David Madani predicts a 25% decline in home prices over the next three years. Madani argues that the affordability gap (income levels versus home prices) has grown so large that it will be years before home buyers will be
For buyers, Spring is not the best time to buy a home. There is more selection, but there is also more competition from other buyers. Having said that, more homes are up for sale or sold during the Spring time than any other period of the year.