Market Updates

news releases from Canada's Real Estate Company

 
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Canadian Recreational Property Prices Forecast to Appreciate 5.8% in 2018

  • Retiring Baby Boomers and Gen-Xers drive the recreational property market

  • New speculation tax serves as a cold shower for would-be B.C. investors

Luxury Home Values in the Majority of Regions Across Canada Grow in 2018, Despite Headwinds Created by

  • British Columbia’s 2018 budget dampens demand in Greater Vancouver’s luxury real estate market, ushering in buyer’s market

  • Greater Toronto Area’s luxury home price appreciation flat after two rounds of government intervention, while luxury condos make largest price gain

  • Good value drives demand for luxury detached homes in the Greater Montreal Area while high inventory in luxury condos limits price appreciation to 3.9 per cent

  • Calgary luxury condominiums buck the trend posting only year-over-year price decline

  • Consumer confidence releases pent up demand in Ottawa’s luxury home market as price appreciation show healthy gains

From a Studio Apartment to a Large Detached Home: What the Average Peak Millennial Can Afford Across Canada

  • The average Canadian peak millennial’s purchasing power dropped by approximately 16.5% ($40,103) after the introduction of the OSFI stress test

  • Peak millennials can expect 12% less living space on average in Greater Vancouver compared to last year

  • The footprint of a typical peak millennial property grew in the Greater Toronto Area as properties affordable to this demographic continued to move away from the city centre

  • A peak millennial can purchase a home in Moncton, New Brunswick for the cost of the 20 per cent down payment on a home in the market segment accessible to them in the Greater Toronto Area or Greater Vancouver