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Economists suggest that while the rate of growth may moderate compared to the previous year, factors such as limited housing supply and strong population growth will continue to drive prices upward. This trend underscores the importance for prospective buyers to carefully assess their financial readiness and explore various financing options to navigate the competitive market.
For existing homeowners, the anticipated price increases may present opportunities to build equity. However, it's crucial to remain vigilant about market conditions and consider the potential impacts of interest rate changes on mortgage repayments.
Published:Tuesday, 24th Mar 2026
Author: Paige Estritori
Please Note: If this information affects you, seek advice from a licensed professional.