Sales rose 2.5% month over month, average home costs $662,437: CREA
However, worst-case scenario would only wipe out pandemic gains, report says
But “renewed price growth” forecast in 2023
The account is set to be a planning powerhouse for advisors
Feds' effort to improve housing affordability is hurting broader property market
Higher rates weigh on demand, lower lumber prices cut construction costs
Mortgage debt growth slowed in 2022, credit card debt accelerated
Compared to a year ago, sales were down 37%
Average home price is expected to gain 3.5% from 2023 to 2024
Strong demand, tight supply supporting prices even as rates rise, Fitch reports