Housing correction could shave 15% off home prices by end of 2023, Desjardins warns

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The correction could bring the average home prices to about $675,000 by December 2023, Desjardins said. Learn more here.

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I think is will be much worse. There are plenty of properties with a lot of equity and those people will look to cash in dropping their prices to meet a willing buyer who is taking a chance of not being able to afford the mortgage when it is renewed. Do buyers wait or buy?

All the millennials

That is not much of price went up by 100% in last three years in some places.

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