Global Macro Service > Research Briefings > Canada
We expect vigorous housing activity to resume as Canada’s health and economic situation improves after midwinter lockdowns ease. The rise in nationwide house prices should slow from 8.2% on average in 2020 to 6.8% in 2021, but this will mask divergent underlying trends, with prices for condo apartments likely to fall 0.7% this year, more so in major urban centres.
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