Five reasons why home prices will rise 10% in 2025
Kuntal Khasnobish
Thursday, January 9, 2025
I aggressively predicted last year that the Bank of Canada would lower interest rates by two per cent and this would be the key theme of 2024. As it turns out, I was mostly correct since rates fell 1.75 per cent.
In 2025, the central bank has a little more room to lower rates, but the heavy lifting has been done.
This leads to the big theme of 2025: the powerful return of residential real estate. In particular, single-family detached residential real estate (not including condominiums). I believe there will be a 10 per cent increase in price year over year from 2024 to 2025. Here are the main five reasons.
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