On Monday, the Canadian Real Estate Association (CREA) released its national housing statistics for the month of May—the second full month of the COVID-19 pandemic. While restrictions have begun to lift in many parts of the country, much remains uncertain about the real estate industry. Below, CREA’s Senior Economist Shaun Cathcart provides an update on […]
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HOME SALES CLIMB IN MAY COMPARED TO RECORD-LOW APRIL, AVERAGE SALE PRICES SHOW STRENGTH KITCHENER-WATERLOO, ON (June 3, 2020) ––There were 419 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in May 2020, a decrease of 40.5 per cent compared to May 2019, and an 80 per […]
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 […]
Offered for Sale at $549,900. A move in ready condominium townhouse in the desirable and walkable Timberlea neighbourhood of Milton. Features of this home include three bedrooms, three bathrooms including an ensuite, updated kitchen, dining room, spacious living room with a walk-out to a tree lined back yard that backs onto extensive walking trails, finished […]
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 […]
BEST VALUE for sale at 1275 Finch Avenue West Corner office now available in the University Heights Professional Centre. The corner office location and large surround windows provide excellent views and plenty of natural light. Ideal for a Medical or Professional Office. 1024 Square Feet. Convenient to York University, Humber River Hospital, Downsview Park & […]
Canadian real estate market to appreciate 3.2% in 2020 reflecting similar price growth in both condo and detached segments Low supply in the Greater Toronto Area expected to fuel home price growth in 2020 Greater Montreal Area forecast to see highest appreciation rate in 2020 among cities surveyed Greater Vancouver house prices forecast to stabilize […]
ALL BRICK BUNGALOW AT AN AMAZING PRICE! For Sale, Own Your Home, Why Rent! Move in ready two-bedroom brick bungalow in a picturesque setting in East Galt minutes from beautiful Soper Park. Renovated and updated kitchen (2018) featuring a stainless-steel refrigerator, stainless dishwasher, professional grade stainless gas range/oven, Brazilian granite countertops, deep undermount sink, stainless […]
One in five homes purchased by Canadian newcomers Canadian newcomers projected to make 680,000 home purchases over next five years 82% of newcomers choose to stay in their first city of residence 75% of newcomers arrive with savings to help purchase a home 75% of newcomers do not consider moving to the United States prior […]
Royal LePage CEO urges caution with election promises aimed at stimulating housing demand that lack concrete plans to address supply shortages Housing recovery gains strength with national aggregate price forecast to rise 1.5% during the fourth quarter of 2019 compared to same period in 2018 Price gap between condominiums and houses shrinks as median condo […]
