Homebuyers brace for continued price increases and tight competition this spring following double-digit gains in final quarter of 2021

Spring housing market poised for continued price growth following double-digit gains in fourth quarter Fourth quarter highlights: National aggregate home price increased 17.1% year-over-year in final quarter of 2021 87% of the report’s 62 regions saw double-digit year-over-year aggregate price growth in Q4 61% of the report’s 62 markets saw a quarterly aggregate price increase […]

Royal LePage Survey: 79% of real estate professionals would advise their clients to sell this winter rather than wait until spring, as demand continues to outstrip supply

Highlights: 93% of survey respondents in British Columbia said they would advise their clients to sell this winter, rather than wait until spring; the highest in the country, followed by Quebec (87%) Nationally, 82% of those who would recommend selling this winter said the main reason is a lack of housing supply coupled with high […]

Royal LePage Q3 2020 House Price Survey and Market Forecast

Pandemic-shift: spike in savings diverted into housing driving national median home prices up 8.6%, according to Royal LePage Despite second wave worries, the median price of a home in Canada forecast to finish year 7.0% higher than year-end 2019 Delayed spring market extends through Q3 as pent up demand fuels prices and sales 97% of […]

Royal LePage Q2 2019 House Price Survey and Market Forecast

Canadian Real Estate Market Shows Signs of a Sustainable Recovery with Modest Price Gain of 1.1% in Second Quarter  Nationally, home prices expected to rise modestly by 0.4% by the end of 2019 compared to 2018, driven by gains in Toronto and Montreal Condominium prices in Vancouver decline for first time since third quarter of […]

Just Released: 2019 First-Time Home Buyer Insights from Royal LePage

Most Canadian First-Time Home Buyers Anxious They Will Miss Out Because of an Insufficient Down Payment While Vancouver has higher home prices, first-time home buyers in Montreal are more worriedabout their down payment (58% vs. 60%) First-time home buyers in Toronto had the highest anxiety that theirdown payment would not stretch enough to buy the […]

Royal LePage Q1 2019 House Price Survey and Market Forecast

Sluggish Start to 2019 Provides Silver Lining for First-time Home Buyers in the Country’s Largest Cities National home price growth slowed to 2.7 per cent year-over-year in the first quarter of 2019 Home prices in western Canada forecast to decline Price growth in the Greater Toronto Area (GTA) remains steady, supported by low inventory Slowdown […]

Royal LePage Q4 2018 House Price Survey and Market Forecast

Canadian Home Prices See Healthy Gains in the Fourth Quarter as Market Begins Recovery from the Most Significant Housing Correction in a Decade National home prices rose 4 per cent in the fourth quarter of 2018 compared to previous year Secondary cities outperform larger cities led by Windsor, Kingston, and Moncton Greater Montreal Area continues […]

Montreal Home Price Growth to Surpass All Major Cities in 2019 as Canadian Housing Correction Continues

Economic, regulatory, and political headwinds to cool home price appreciation across Canada Greater Toronto Area to see home prices increase 1.3% at the end of 2019 Greater Vancouver home prices forecast to increase 0.6% at the end of 2019 Ottawa home prices forecast to increase 2.5% at the end of 2019 Home prices in Alberta […]

Royal LePage Q3 2018 House Price Survey and Market Forecast

Canadian Home Buyers Continue to Catch their Breath in the Third Quarter of 2018 The United States-Mexico-Canada Agreement (USMCA) is expected to increase demand as many Canadians regain confidence in job market and consider large purchases National real estate market forecast to make 1.5% price gain in the fourth quarter Greater Montreal Area witnesses highest […]

Royal LePage Q2 2018 House Price Survey and Market Forecast

Expect an Uptick in National Home Prices Next Quarter Following Sluggish First Half of 2018 Greater Toronto Area (GTA) expected to post third quarter price gains after price declines in the second quarter Greater Montreal Area home price appreciation surpasses the national rate for the first time in seven years Greater Vancouver home values forecast […]