Well it’s been quite a tumultuous year and as we glide into 2025, the feeling is generally that the Real Estate market is improving. Sales numbers are rebounding province wide and strong forecasts are predicted for the next year.
Of course, there is no accounting for how the new US President will affect our market and our own political upheavals are adding a component of uncertainty that just can’t be quantified but the lending rates are down and consumer confidence is up. I’m personally optimistic and anecdotally am seeing a confidence in the market that points to a stronger 2025. The TD Economics report below gives their take on what we can expect.
All the best to you and your family in this holiday season and I hope you find the time to relax with loved ones, eat well and share some good laughs.
Merry Christmas!