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]

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]

Explaining the Canadian construction price index

Wednesday Feb 23rd, 2022

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It's no secret that real estate prices have been up, but they aren’t the only price that's been increasing. In fact, almost everything has been going up in price these days. One major component of real estate –construction – has been going up in price significantly as well. Just how expensive has construction become? How have prices grown over the last few years? What are the forecasts for construction costs? Let's take a look. What is the construction price... [read more]

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