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]

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]

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]

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]