Housing market headed for another soft patch: Desjardins
Watch: Market to feel effects of high interest rates this spring, Marc Desormeaux says
Marc Desormeaux, principal economist at Desjardins Group talks with the Financial Post’s Larysa Harapyn about the Canadian housing market.
tap here to see other videos from our team.
Housing market headed for another soft patch: Desjardins Back to video
tap here to see other videos from our team.
Desormeaux said Desjardins is expecting the market to go through a soft patch the remainder of the winter and in the spring because of an expected economic slowdown as high interest rates continue to work their way through the economy. A rebound could come in late 2024 into next year, he said.
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, Victoria Wells and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, Victoria Wells and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
Don't have an account? Create Account
