REINZ: Potential Impacts Of COVID-19 On The Housing Market

“Whilst it is too early to understand the full extent of the impact of COVID-19, broadly speaking, in times of economic uncertainty people can tend to take a wait and see approach to the housing market, which is what could happen with COVID-19. As a general rule, house prices tend to either hold or have a slight dip and volumes tend to fall as people take that wait and see approach.

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