What can homeowners, buyers and sellers expect in 2017? Real estate experts have a positive outlook for 2017 and are predicting continued growth. 鈥淥pportunities in the Canadian market continue to be abundant but no two markets are the same,” says , partner 聽and national real estate practice leader at PwC Canada.
Commenting on the U.S. market, National Association of Home Builders Chairman聽 said, 鈥淥ngoing job growth, low mortgage rates and rising incomes are contributing to a firming housing market and economy.鈥� He added, 鈥淭hough some areas are recovering faster than others, the overall trend is positive.鈥�
Here are three trends that are expected to have a significant impact on housing over the next 12 months: