Royal LePage: Canadian home price forecast revised upward to 16% as roaring spring market eases into summer

Wednesday Jul 14th, 2021

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Second quarter regional highlights: Aggregate price of a home in Canada rose 25.3% year-over-year in the second quarter Demand expected to outstrip supply with upward pressure on prices, yet the pace of increases should moderate as peak price appreciation was reached in early Q2 Greater Montreal’s aggregate home price forecast to increase 17.5% year-over-year; the highest in Canada among forecasted regions Detached house prices continue to outpace condo appreciation, but the... [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]

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]

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