Design district.Benchmark house prices in Gohua fell 3.3% from a year earlier. Housing sales in Vancouver, Canada fell 51.8% in December from a year earlier.Please Visit: Design district to Get Your VVIP Registration Today!
By 2023, a family of four will spend an average of nearly C $16300 on food.
Dr. Sylvain Charlebois, director of the agri-food analysis laboratory at Dalhousie University University and head of the report, said consumers will see shocking prices for some time to come, but he expects things to level off later this year.
The report recommends that consumers save money by consulting discount flyers, making budgets and shopping lists, and finding cheaper alternatives.
Fitch Ratings released its 2023 forecast that house prices will be even lower this year, with prices expected to fall 5-7 per cent in 2023 and nearly 15 per cent nominally from their peak. But house prices are expected to resume growth in 2024, but still below average. (Fitch is one of the top three international rating agencies in the world).
An economic opinion report released by Desjardins in August pointed out: “Ontario and B.C. The decline in sales and prices in the province has been particularly severe. ”
“nationally, average house prices are expected to fall by about 23% between February 2022 and December 2023,” the report said. ”
According to a report by TD, average home prices in Canada are likely to fall by 20 to 25 per cent overall from the first quarter of 2022 to the first quarter of 2023.
In addition, online applications for vacancy tax are also open, and if the declaration is not completed by February 2, 2023, the delayed declaration may be fined up to 250%.
Federal Housing Minister Ahmed Ahmed Hussen also revealed recently, “We actually need more people, skilled immigrants, to help us in the construction industry.” We need these workers to really emigrate to help us build the housing that Canadians need. ”
The Federal Department of Immigration has also reformed the fast immigration system EE, which will be drawn on the basis of the labor market rather than the current Comprehensive ranking system (CRS) scores.
