How remote work is impacting the real estate choices of young Canadians
The normalization of remote work was beginning to pick up steam in the years leading up to 2020, and as a result of the COVID-19 pandemic, has gained more widespread acceptance across many industries. As such, the trend of young Canadians choosing to live further...Tight market conditions create renovation craze in 2020 and 2021
Article by Neil Sharma Canada’s housing market caught fire in mid-2020 and that spurred more than half of the country’s homeowners to renovate their existing abodes either to remain in place or to sell, says a new report from A Leading Real Estate Firm. The 2021...Royal LePage: Canadian recreational house prices forecast to increase 15% in 2021
Highlights: A house in Ontario’s and Atlantic Canada’s recreational property markets expected to see highest price gains in 2021, rising 17%; Quebec and British Columbia recreational markets forecast to increase 15% and 13%, respectively 91% of recreational experts in...What’s Happening March 2021- Market Update
The February numbers are in and the month roared in like a lion and went out like one too! While the strong numbers were considered surprising just a half a year ago, the outlook for housing in Canada has trended positive and the consensus is prices will rise. CMHC,...Royal LePage Survey: Nearly half of Canadians aged 25 to 35 own their home
Royal LePage Survey: Nearly half of Canadians aged 25 to 35 own their home; one quarter of these homeowners have purchased a property since the onset of the COVID-19 pandemic 52% say remote work has increased likelihood of moving further from employer Highlights: 68%...Royal LePage Canadian Home Price Update – Q4 2020
Royal LePage: More than half of Canada’s largest real estate markets see double-digit price growth as national home values soar 9.7% in fourth quarter Fourth quarter regional highlights: Price of detached homes continue to outpace condominiums as Canadians trade...Cottage prices rise amid demand from remote workers, retirees
Home prices are increasing in Canada’s cottage country
Royal LePage sees Canadian home prices rising 5.5% in 2021
Canadian real estate brokerage Royal LePage expects home prices to rise 5.5 per cent in 2021, building on unexpectedly strong growth this year, driven by a shortage of properties for sale and record low interest rates. Royal LePage said the aggregate price of a home...WHAT’S HAPPENING – NOVEMBER 2020
As we experience some unseasonably warm temperatures this week, it is the perfect reflection of the red hot real estate market in our region. Southern Georgian Bay’s volume and unit sales continued to rocket onward first spiking in the summer, then a brief decline and...Rethinking Home Base – BBC News Article
In This BBC News Article, Karen Willison weighs in on the massive sales boom in Southern Georgian Bay. The home office is a “huge factor in our exponential growth,” Willison says. Nor does she believe the trend will end once the crisis is past. “I believe 80% will...Buyer Demographic Much Different in 2020
As summer 2020 begins to wind down, the same cannot be said for the flourishing real estate market. With limited inventory coupled with low interest rates the pent up demand from the traditional spring market lasted well into summer and is...
