CMHC revises down home price forecast over next two years to adjust for interest rate spike - The Globe and Mail

Canada Mortgage and Housing Corp. revised down the percentage gain it expects from 2021 to 2022, with the average price now forecast to climb 11 per cent instead of 13.7 per cent

Although home prices have plummeted since the central bank started raising interest rates in March, CMHC chief economist Bob Dugan said he was 'leery' of forecasting a steeper price decline when the … [+3713 chars]

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