Seven real estate outlooks to look forward to in 2023. Number one, the Canadian housing market will return to balance this year. Number two, house prices in many Canadian markets are expected to drop. Number three, Atlantic Canada's biggest cities are expected to see an increase. Number four, condos are expected to remain strong throughout 2023.
Number five, most Canadians believe that affordable housing will continue to increase in 2023. Number six, the trend of moving outta province isn't expected to go anywhere. And number seven, the majority of Canadians believe home ownership is still the best long-term investment.