Planning to buy a home this spring? Here’s what you can do now to prepare yourself.

Wednesday Feb 2nd, 2022

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Are you in the market for a new home? Before you start attending showings, there are several things you can do to prepare yourself and your family for one of the largest purchases you will ever make. With housing stock at historic lows and tight competition among buyers, you may be able to give yourself a competitive advantage by being prepared.  Make sure you have the right professionals on your side. Follow this list of tips to help you be as successful as possible when shopping for... [read more]

Royal LePage: Canada’s national aggregate home price forecast to rise 10.5% by the end of 2022

Wednesday Jan 12th, 2022

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Omicron variant emergence may extend period of unusually strong real estate markets The GTA is the only region where condominium price appreciation is forecast to outpace that of detached homes; prices expected to rise 12.0% year-over-year in 2022 Greater regions of Toronto and Vancouver forecast to see highest aggregate price appreciation at 11.0% and 10.5%, respectively Detached home prices in Halifax expected to rise 10.5%, followed by the Greater Montreal Area and Ottawa... [read more]

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

Friday Nov 19th, 2021

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TORONTO, November 1, 2021 – According to a recent Royal LePage survey[1] of more than 950 real estate professionals from across Canada, the commonly held belief that it’s best to wait out the winter and list in the spring has been turned on its head this year, given the current strength of the seller’s market. Seventy-nine per cent of survey respondents, who indicated a seasonal preference for selling, would advise Canadians looking to sell their homes to list this winter,... [read more]

Royal LePage: Canadian home prices soar as persistent supply shortage results in continued seller’s market

Friday Oct 15th, 2021

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National aggregate home price increases 21.4% year-over-year  Third quarter highlights: Royal LePage maintains its 2021 forecast, with the national aggregate home price expected to rise 16.0% in Q4, compared to a very strong Q4 2020 Very low inventory pushes potential buyers to sidelines amid national housing supply crisis, resulting in pent-up demand 5% of regions surveyed saw double-digit year-over-year aggregate price growth in Q3 Condominiums continue price rebound in... [read more]

April Market Statistics 2021

Tuesday May 25th, 2021

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After 2021’s 1st Quarter of record sales, price appreciation, and market pace, the GTA’s robust spring market continued setting records in April. As the market in April 2020 was essentially frozen due to the pandemic, replacing year over year comparisons with 2015-2019 April averages offers better insight to how this April stacked up. April 2021’s record breaking sales for the month were 32% higher and active listings were approximately 26% lower compared to the five-year... [read more]

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