Canadian housing market expected to remain strong this fall, despite Delta variant, say RE/MAX brokers and realtors Young families driving demand for single-detached homes in cities across the country Canadian housing market prices are anticipated to increase by 5% in the remaining months of 2021, according to RE/MAX brokers and agents. 26/29 major Canadian housing…

Sales Commentary AFFORDABILITY in housing and not sale numbers has taken over the real estate discussion for most people with the politicians jumping on board. For 2021 year-to-date, the number of sales under $600,00 was 13,049 units or 15% of total sales on TRREB. In 2020 to the end of August, the numbers were 13,437…

TREB MLS SALES Monthly with three previous years for comparison TREB MLS NEW LISTINGS Monthly with three previous years for comparison TREB MLS SALES-TO-NEW LISTINGS RATIO Monthly with three previous years for comparison TREB MLS AVERAGE RESALE HOME PRICE Monthly with three previous years for comparison TREB MLS SALES Monthly time series with trend line…

Sales Commentary As we previously forecasted, sales in July continued to slow from the previous month. TRREB reported 9390 sales, down 15% from July of last year and 15% from June. On the other hand, July sales were the biggest since 2016 for the month. Looking forward, we expect August sales to be even lower…