Canadian real estate experts are expecting interest rates to keep a lid on prices, even with an anticipated uptick in sales activity this spring. Predicting what lies ahead for the year, whether it’s trends or prices, is a matter of knowing what factors are at play, including the economy and government policies.
As a developer, real estate consultant, planner, retired architect and former Canada Mortgage and Housing Corporation official, Michael Geller has about 50 years of experience behind him. Each year he puts out an annual holiday card with a list of housing ideas regarding policy changes that could generate better design, more efficiency and affordability