Market Trends

Mortgage rules impact Canada housing

How the new mortgage rules might affect you

Canada posted year-over-year residential price gains in 2017 across most regions. Now in 2018, many housing markets could see reduced purchasing power resulting from the new OFSI mortgage rules that took effect on January 1. What the what??? If you’re among... Read More
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RE/MAX forecasts Canadian housing prices to increase 2.5% in 2018

Canadians continue to seek balance between affordability and amenities outside of major urban centres Toronto/Kelowna December 14, 2017 // This past year saw the single-family detached home and condo markets diverge on distinctly different paths in Canada’s two highest-priced real estate... Read More

RE/MAX 2018 Housing Market Outlook

THIS PAST YEAR SAW THE SINGLE-FAMILY DETACHED HOME AND CONDO MARKETS DIVERGE ON DISTINCTLY DIFFERENT PATHS IN CANADA'S TWO HIGHEST-PRICED REAL ESTATE MARKETS, GREATER VANCOUVER AND THE GREATER TORONTO AREA, AS REVEALED IN THE 2018 HOUSING MARKET OUTLOOK. The trend... Read More

RE/MAX 2017 Spring Market Trends Report

SIGNIFICANT PRICE INCREASES AND HIGH DEMAND IN THE GREATER TORONTO AREA DURING THE FIRST QUARTER OF 2017 SPURRED GROWING NUMBERS OF BUYERS TO LEAVE THE DOWNTOWN CORE. These buyers, known as move-over buyers, are looking for greater affordability in markets... Read More

Canada’s Housing Market Outlook for 2017

HIGH DEMAND AND LOW SUPPLY CONTINUED TO CHARACTERIZE VANCOUVER’S AND TORONTO’S HOUSING MARKETS THROUGHOUT 2016 AS COMPETITION FROM BUYERS FOR LIMITED INVENTORY OF SINGLE-FAMILY HOMES PUSHED PRICES HIGHER. The average residential sale price increased 13 per cent in Greater Vancouver…

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