re/max housing report
Commercial real estate trends shifting toward purpose-built rentals: Re/Max report
Developers have shifted their focus toward purpose-built rental construction, some at the expense of new residential condominiums and commercial buildings.
Canadian home prices expected to see sluggish growth in 2024, Re/Max says
Home price growth across Canada is expected to remain sluggish in 2024, while the country’s largest housing market—Toronto—is expected to see prices fall, according to a new forecast released today by Re/Max.
Long-term view shows Toronto and Vancouver home prices remain elevated despite recent declines
Despite detached home prices in Toronto and Vancouver posting year-over-year declines in the first half of the year, a longer-term view shows prices are still elevated, and in many cases higher compared to two or three years ago.
Expect more balanced housing markets in 2023, says Re/Max
After a year of rapidly rising interest rates and falling home prices, 2023 should see more balanced conditions return to most housing markets across the country.