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 […]

Median Canadian Home Price Posts 6.2% Year-Over-Year Gain Despite Corrections in GTA and Greater Vancouver

On a quarter-over-quarter basis, home prices decline slightly in half of key markets Condominiums continue to appreciate at fastest rate among housing types studied in the Royal LePage National House Price Composite TORONTO, April 13, 2018 – According to the Royal LePage House Price Survey[1] released today, home prices in Canada saw slowing year-over-year increases in the […]

Royal LePage Fourth Quarter Housing Market Trends Seal 2017 as ‘the Year of the Condo’

Fourth Quarter Housing Market Trends Seal 2017 as ‘the Year of the Condo’  Condominiums appreciate at the fastest rate of all housing types studied in the Royal LePage National House Price Composite Peak Millennials, immigration and inter-provincial migration fueling housing demand in Ontario and British Columbia Effects of Office of the Superintendent of Financial Institutions’ […]

New OSFI Stress Test Set to Limit National Home Price Appreciation to 4.9% in 2018

December 13, 2017  Impact of new stress test expected to be contained to first half of 2018 for most major markets Still risk of high price appreciation in Greater Toronto Area and Greater Vancouver as chance of market correction fades Compounding policies could have unintended consequences for struggling housing markets TORONTO, December 13, 2017 – According […]

Largest Cohort of Millennials Changing Canadian Real Estate, Despite Constraints of Affordability and Mortgage Regulation

August 17, 2017 ‘Peak Millennials’ (aged 25 to 30) to create strong wave of demand National survey shows while the peak millennial dream to own property is very strong, challenges to homeownership vary across the country The number of 25-30 year olds is set to grow again TORONTO, August 17, 2017 – According to the Royal […]

Royal LePage Housing Survey July 2017

Canada’s Residential Real Estate Market Makes the Move to Moderation in the Second Quarter of 2017 July 13, 2017 With recoveries underway in Vancouver, Calgary and Edmonton, home prices rise in the majority of metropolitan areas nationwide  Greater Toronto Area witnesses temporary slowdown in sales activity as the Ontario Fair Housing Plan takes effect  TORONTO, […]

Royal LePage Housing Survey & 2017 Forecast

Moving Away from the Regional Extremes of Real Estate Feast and Famine January 12, 2017 National home price appreciation experiences significant growth in the fourth quarter of 2016  Greater Vancouver projected to see a home price correction in 2017, while double-digit price appreciation expected to continue in the Greater Toronto Area TORONTO January 12, 2017 – […]