Market Trends
Explore real estate market trends across Canada
78 articles
Higher borrowing rates pushing some GTA investors out of the market
The rapid rise in home prices and the cost of borrowing has had a significant impact on homeowners and buyer hopefuls alike. Real estate…
Renewed activity in Canada’s real estate market in first months of 2023 prompt upgraded year-end forecast
The spring market is off to a healthy start. Buyer activity picked up earlier than was anticipated in the first quarter of 2023, pushing…
Royal LePage
April 13, 2023
4 min. read
2023 home price forecast for Montreal revised upwards: real estate market rebounds after shorter-than-expected price correction
While it was expected that property prices would continue to decline in the Greater Montreal Area’s real estate market following eight consecutive interest rate…
Royal LePage
April 13, 2023
5 min. read
Real estate activity in Canada’s cottage country returns to seasonal norms after more than two years of pandemic-fueled exuberance
Following a period of relentless buyer demand and fast-rising home prices during the pandemic real estate boom, Canada’s recreational markets are anticipating more subdued…
Royal LePage
March 28, 2023
5 min. read
8% property price correction expected in Quebec’s recreational markets in 2023
In the wake of unprecedented real estate demand that caused a surge in property prices from 2020 to 2022, home prices in Quebec’s recreational…
Royal LePage
March 28, 2023
4 min. read
Buyers spring back: Sidelined Canadians plan return to market
Climbing interest rates have given many Canadian homebuyers reason to pause their purchase plans over the last year. Nearly one quarter of Canadians (24%)…
Royal LePage
March 16, 2023
6 min. read
Own a property in Ottawa? Here’s what you need to know about the vacant unit tax
Ottawa has joined a growing list of Canadian cities that now require homeowners to declare the occupancy status of their property, or pay a…
Royal LePage
March 6, 2023
5 min. read
Here’s how much house $1 million can buy in Canada’s major real estate markets today
Despite several consecutive hikes in interest rates over the past year, home prices in Canada have remained relatively stable thanks to low inventory. In…
Royal LePage
February 23, 2023
4 min. read
Coast-to-coast: $1 million listings across Canada
Shopping for a home with a budget of $1 million will get you very different results depending on where you’re looking in Canada. In…
Royal LePage
February 23, 2023
2 min. read