Canadian Housing Market Outlook For 2021

THE RE-LOCATION TREND ACROSS CANADIAN HOUSING MARKET IS REAL!

RE/MAX CANADA SAYS THEY EXPECT AVERAGE RESIDENTIAL PRICES TO RISE 4% TO 6% IN 2021

RE/MAX Canada is anticipating healthy housing price growth in 2021, with move-up and move-over buyers continuing to drive activity in many regions across the Canadian housing market. An ongoing housing supply shortage is likely to continue, presenting challenges for homebuyers and putting upward pressure on prices. Due to these factors, the 2021 RE/MAX Housing Market Outlook Report estimates a four to six per cent increase in the average residential sales price nation-wide.

Another great reason to work with us! We will help take the stress off of you and find you the perfect home. Happy 2021! 

Source: remax.ca,“Canadian Housing Market Outlook” Retrieved: December 1, 2020.

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