Edmonton Real Estate Market Predictions For 2023
Posted by Terry Paranych on
Often referred to as Canada’s Festival City, Edmonton is celebrated for its vibrant arts and culture scene, incredible choice of neighbourhoods and excellent infrastructure. It’s also rated one of the top cities in Canada for employment rates, affordable housing and overall positive quality of life.
What can we expect from Edmonton’s thriving real estate market in 2023?
Here’s what you need to know.
Climbing Interest Rates Expected to Stabilize
When it comes to mortgage interest rates for 2023, economists are on the fence.Though the Bank of Canada (BOC) increased its rate seven times last year (including an entire percentage point in July), some experts are hopeful current rates are here to stay. Other economists predict a continuing…
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