The Voice of Real Estate

Media Newsroom

RE/MAX is your go-to-source for real estate insights, garnering over 1 billion media impressions in 2015.

Nobody sells more real estate than RE/MAX, and with nearly 20,000 RE/MAX Agents throughout Canada, our finger is firmly on the pulse of what’s happening in today’s market. It’s why major Canadian media outlets constantly turn to RE/MAX for insight into what’s happening in real estate. Our reports break down market trends in cities across Canada, while addressing hot topics and tough questions that are important to Canadians. This commitment to sharing our collective knowledge truly makes us the Voice of Real Estate.

Latest Reports

2017 RE/MAX Housing Market Outlook Report

The average residential sale price increased 13 per cent in Greater Vancouver to approximately $1,020,300 and rose 17 per cent in the Greater Toronto Area (GTA) to an estimated $725,857. Although demand remains high in both urban centres, limited inventory in the freehold market, the new 15 per cent foreign-buyer tax in Vancouver and the recent tightening of mortgage rules by the federal government are expected to soften market activity in the short term…Read More

2016 Commercial Investor Report (Western Canada Edition)

Much of Western Canada continued to experience slower market activity in the first half of the year, as regional economies continued to recover from the downturn in the oil sector. However, in B.C.’s Lower Mainland, activity was brisk and prices continued to increase significantly in the commercial property market…Read More

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2016 Recreational Property Report

As real estate prices rise, many Canadians are looking for alternative ways to finance their dreams of cottage or cabin ownership. In a recent survey of RE/MAX agents and brokers, more than half reported seeing an increase in buyers who planned to rent out their property full- or part-time. In a separate survey of Canadians, conducted by Leger, nearly 60 per cent agreed that due to the emergence of popular, user-driven vacation rental websites, it is easier for an owner to rent out an investment property today versus five years ago…Read More

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2016 Spring Market Trends Report

Vancouver and Toronto continued to see significant price appreciation in the first quarter of the year. Greater Vancouver’s average residential sale price in the first quarter of 2016 rose 24 per cent, and the Greater Toronto Area, the average residential sale price during the first quarter rose 14 per cent. Outside of Vancouver and Toronto, surrounding regions continue to experience a spillover effect as buyers move farther out in search of affordable single-family homes…Read More

Housing Market Outlook 2016

Low inventory in High demand and low supply continued to characterize Vancouver’s and Toronto’s housing markets throughout 2015 as competition from buyers over the limited inventory of single-family homes pushed prices higher. The average residential sale price increased 17 per cent in Greater Vancouver and 10 per cent in the Greater Toronto Area, to approximately $947,350 and $622,150, respectively. As demand shows no signs of waning, these markets are expected to continue to see price appreciation in 2016, of seven per cent in Greater Vancouver and five per cent in the Greater Toronto Area…Read More

Reports 2015

Low inventory in High demand and low supply continued to characterize Vancouver’s and Toronto’s housing markets throughout 2015 as competition from buyers over the limited inventory of single-family homes pushed prices higher. The average residential sale price increased 17 per cent in Greater Vancouver and 10 per cent in the Greater Toronto Area, to approximately $947,350 and $622,150, respectively. As demand shows no signs of waning, these markets are expected to continue to see price appreciation in 2016, of seven per cent in Greater Vancouver and five per cent in the Greater Toronto Area…Read More

Low inventory in Vancouver and Toronto continue to drive prices as buyers find themselves in competition over the low supply of single-family homes. The average residential sale price in Toronto and Vancouver at the end of the first quarter grew 8 per cent and 7 per cent, rising to $594,827 and $874,869, respectively. In both markets, first-time buyers find themselves in competition with downsizers and investors with more resources to outbid. Condominiums are the only affordable option for many local residents looking to enter the market…Read More

In a recent poll conducted by RE/MAX, almost 68 per cent of Canadians were found to prefer to spend a long weekend at the cottage or cabin over a big city getaway. The low Canadian dollar is having a positive effect on local recreational property markets as Canadians are choosing to stay in Canada where their dollar will go further. The recreational property market buying season has had a strong start and is expected to remain active…Read More

Sales of homes priced over $1 million were up year-over-year in Toronto, Vancouver, Montreal and Victoria in the first seven months of the year. Calgary was the exception; sales in the $1 million range decreased 28 per cent over the same period in 2014…Read More

Reports 2014

Most regions posted modest gains in average residential sale price, despite increased inventory in many of Canada’s housing markets. Residential property markets in Toronto, Vancouver and their surrounding areas, as well as Calgary and Edmonton continued to see prices and sales rise. With an increased supply of inventory on the market going into the new year, the average sale price is expected to remain stable or rise modestly in most cities in 2015…Read More

Despite record-setting low temperatures and snow storms, housing market activity in Canada during the first quarter of 2014 showed year-over-year resilience in most regions, with some exceptions in Atlantic Canada, Manitoba and Ontario. In urban centres, house prices continued to post gains, in large part due to a lack of inventory; price increases were also seen in regions with strong local economies driven by the resource sector and major infrastructure development…Read More

National recreational property sales and listings have rebounded from a slow start caused by the late spring and cold winter experienced in many markets throughout the country. Across Canada the recreational property market is showing healthy activity that should lead to modest increases in sales and prices in most markets through the rest of the year…Read More

The record-setting pace of growth in Canadian farmland values began to slow in 2014. While strong demand and limited supply continued to edge prices higher and spur farmland sales in many parts of Canada, some areas saw prices level off and sales volumes drop. The market remained steady in Ontario and prices rose modestly in Nova Scotia. The value of farmland remained strong in Alberta and British Columbia and softened eastward through the Prairies…Read More