All wrong: The catastrophe that was COVID-19 housing forecasting

Author: External Author | | Categories: Construction Loan , First Private Mortgage , Home Equity Loans , Private Mortgage , Residential Mortgage

Multiple predictions about the COVID-19 housing market were wildly off base when taking into account what actually transpired this year, according to an analysis by The Globe and Mail.

Yhe most prominent among these inaccurate forecasts were Canada Mortgage and Housing Corporation’s claims of a roughly 18% decline in average home prices this year.

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Original Article Source Credits: ,

Article Written By:   Ephraim Vecina 

Original Article Posted on:  01 Dec 2020

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