
re/max


Housing and interest rate forecasts for 2025
As we reflect on 2024, it was a year of resilience and adjustment for Canada’s housing and mortgage market, marked by the Bank of Canada’s pivot to rate cuts after two years of relentless hikes, offering long-awaited relief to borrowers.

Condo inventory growing as sellers anticipate demand rebound: Re/Max report
Condo inventory is on the rise in most major Canadian markets as more sellers are listing their properties in anticipation of growing demand from buyers, a new report says.

Boost in home renos is helping drive up housing values in major markets: report
A new report says a boost in spending on home renovations during the pandemic has helped contribute to higher prices for single-family homes despite downward market pressure.

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.