Market Updates

Oct. 1, 2022

Canadian Housing Market Outlook: Fall 2022

Canadian housing market_Hamilton fall scenery

RE/MAX Canada Network expects Canadian housing market prices to decrease 2.2 per cent this fall

  • RE/MAX brokers and agents anticipate prices in the Canadian housing market to ease by 2.2 per cent this fall, due to high inflation, rising interest rates and economic uncertainty
  • Rising interest ...
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Aug. 10, 2022

How should sellers prepare and maximize their potential in a shifting market?

Aug. 9, 2022

Can you get a zero-down mortgage in Canada?

When it comes to buying a home, the down payment is probably the biggest barrier that new homebuyers face. For this reason, it is common for buyers to try and buy with a lower down payment in order to purchase their home sooner. Especially with prices as high as they ...

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Aug. 8, 2022

Home Prices Are Predicted To Rise Again In BC Due To Lack Of Supply

Aug. 8, 2022

Foreign buyers stuck to the sidelines through recent market

The percentage of residential sales involving foreign buyers has dropped to record lows over the past 18 months.BC Ministry of Finance

While the province continues to take action to cool the housing market, the original target of government intervention has been quietly sticking to the sidelines.

The latest round ...

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Aug. 5, 2022

Stats Center Report Richmond BC July 2022

Aug. 5, 2022

Home buyer demand continues to ease across Metro Vancouver

Metro Vancouver’s housing market has entered a new cycle marked by quieter home buyer demand and a gradual rise in the supply of homes for sale.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,887 in July 2022, a 43 ...

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Aug. 5, 2022

2022 Housing Affordability Report

 

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The newly released 2022 Housing Affordability Report reveals that 68 per cent of Canadians are willing to make at least one sacrifice to buy a home they can afford, according to a new Leger survey commissioned by RE/MAX Canada. The most common concession is relocation, as ...

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Aug. 4, 2022

Market Update Greater Vancouver July 2022

Aug. 4, 2022

Market Update Richmond BC July 2022