January 2022

WHAT FACTORS WILL IMPACT THE MARKET IN 2022?

Mortgage Rates will be higher. Our forecast is that variable rates will be still at 2% by year end and fixed rates will be 3%. Buyers still have to qualify at 5.25% so these changes will have a minimal impact.

Inflation is baked into the cost of new housing as it will be higher by 10+% in 2022. This will a...