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 […]
Tag Archives: Royal LePage House Price Survey
Montreal’s luxury house prices post double digit gains outpacing Toronto and Vancouver since onset of COVID-19 pandemic City of Montreal posts highest luxury house price appreciation across Canada rising 15.9% year-over-year Vancouver luxury condominiums buck national trend posting double digit price growth Soft luxury condo demand creates buying opportunities in the GTA A balanced luxury […]
Royal LePage Market Forecast: National Home Prices to Show Remarkable Resilience in 2020 Best case scenario forecast shows Canada’s aggregate home price could grow a modest 1% by the end of 2020 If the pandemic continues to heavily restrict business activity through late summer, a national home price decrease of 3% is expected by the […]
Toronto’s luxury condo prices forecast to surpass Montreal’s hot luxury market in 2020, according to Royal LePage Greater Montreal Area posts highest appreciation in Canada for both luxury houses (8.5%) and condos (8.3%); Greater Toronto Area luxury condos also post significant price gains (7.0%) Limited inventory and high demand will continue to fuel luxury home […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Alasdair Douglas 