This week David and Tristan sit down together to share their three big BOLD predictions for Sudbury's 2022 real estate market.
Dave’s Predictions:
💰1. Sudbury will see 100 million dollar home sales in 2022
🗺2. Sudbury population will increase to 200,000
📈3. Capital Gains Inclusion rate will go to 75% by the end of 2022. We will also see an increase in the bank of Canada rate. Overnight lending rate is .25%. I think we are going to see a full 1% jump in 2022.
Tristan’s Predictions:
🏘1. Grow to Avg. Sale Price of $480,000 in Sudbury
🗺2. Sudbury population will increase to 200,000
🌇3. Condo market in Sudbury will level up + we will start to see big developers come to Sudbury.
So, what do you think? Are you on board with any of these big bold predictions?? Tune in for the extra bonus prediction! 😉
Get in touch with us!
David Kurt - Broker of Record
Email: david@lakecityrealty.ca
Phone: 705-677-5272
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Tristan Ritchie - Team Leader Ritchie Natale Group
Email: tristan@lakecityrealty.ca
Phone: 705-920-6109
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If you have a question or topic you'd like to hear us discuss send us an email at:
lindsay@lakecityrealty.ca or leave us a comment below!
