It’s been a wild summertime — between focusing on everyones well-being amid this pandemic, and skyrocketing interest in GTA area homes and properties, this ‘new normal’ is taking time to get used to!
From RE/MAX Fall Market Outlook:
Canadian housing market expected to remain active for the remainder of 2020 due to pent-up demand and low inventory levels, say RE/MAX brokers and agents
Canadians showing more interest in suburban and rural homes for sale, as work and life dynamics shift
Canadian housing prices anticipated to increase by 4.6% in the third and fourth quarter according to RE/MAX brokers and agents. This is compared to the earlier prediction by RE/MAX brokers and agents of +3.7% at the start of the year.32% of Canadians no longer want to live in urban centres, opting for rural or suburban communities instead.Canadians are almost equally split in their confidence in Canadian housing market, with 39% as confident as they were before the pandemic, and 37% slightly less confident.
Leading indicators from RE/MAX brokers and agents across the Canadian housing market point to a strong market for the remainder of 2020. According to the RE/MAX Fall Market Outlook Report, RE/MAX brokers suggest that the average residential sale price in Canada could increase by 4.6 per cent during the remainder of the year. This is compared to the 3.7 per cent increase that was predicted in late 2019.
Gearing up for some exciting new listings - Coming Soon to Realtor.ca!
TORONTO
3 Bedroom Bungalow
Large lot
Great family home!
MARKHAM
3 Bedroom Executive home
Fully remodelled top to bottom
Open-concept
UNIONVILLE
Luxurious 4 Bedroom
Most-desirable location
Top School catchment area