Blog Article

Thursday, 08 June 2023

By Leahs Mortgages

Leah Zlatkin quoted in CMP Magazine: ‘Canada housing market: What’s in store for the rest of 2023?’

Mortgage Outlet broker and chief operating officer Leah Zlatkin (pictured top) told Canadian Mortgage Professional that two weeks prior to the Bank’s latest decision, she would have forecast a “red-hot market” with prices continuing to rise and activity ramping up, but said the outlook is now more uncertain following the rate hike.

“We saw people starting to list homes and actually sell for better value than we had seen in the last few months,” she said in the wake of the Bank decision. “So prices are not back up to [their] COVID level necessarily, but… have gone back up a little bit.”