The recently released Re/Max housing forecast for 2025 suggests as much, predicting that the average price could climb five per cent in 2025 to about $622,000. As well, it forecasts sales could rise two per cent. All told, conditions are likely to reveal more balance between supply and demand, and even a buyer’s market — not seen since before the pandemic — could emerge as the year progresses, especially on the multi-family side, it notes.
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