Royal LePage: Canadian home prices forecast to rise 5.5% by the end of 2021 as low inventory and unmet demand set to fuel price increases

By: Steven DiGiovanni

Royal LePage: Canadian home prices forecast to rise 5.5% by the end of 2021 as low inventory and unmet demand set to fuel price increases

Tags: Royal LePage, Canadian, Home Prices, 2021

  Aggregate price of a home in the Greater Toronto Area forecast to rise 5.75%   Tech and government sector expansion to drive Ottawa prices up 11.5%   Canada’s priciest city to experience 9.0% rise as housing demand in Vancouver surges   Halifax and Greater Montreal prices forecast to rise 7.5% and 6.0%, respectively   Calgary, Edmonton prices buck region...Read More

By: Steven DiGiovanni

2018 New OSFI Stress Test & Canada Wide Real Estate Forecast

Tags: canada real estate, stress test, new mortgage rules

New OSFI Stress Test Set to Limit National Home Price Appreciation to 4.9% in 2018  Impact of new stress test expected to be contained to first half of 2018 for most major markets Still risk of high price appreciation in Greater Toronto Area and Greater Vancouver as chance of market correction fades Compounding policies could have unintended consequences for struggling housing markets ...Read More