To help prepare you and your clients for another successful year ahead, we are thrilled to announce that we have just released the 2021 RE/MAX Housing Market Outlook Report! See the findings below and share the results for your region with clients and prospects alike.
RE/MAX CANADA EXPECTS AVERAGE RESIDENTIAL PRICES TO RISE 4% TO 6% IN 2021.
RE/MAX Canada is anticipating healthy housing price growth in 2021, with move-up and move-over buyers continuing to drive activity in many regions across the Canadian housing market. An ongoing housing supply shortage is likely to continue, presenting challenges for homebuyers and putting upward pressure on prices. Due to these factors, the 2021 RE/MAX Housing Market Outlook Report estimates a four to six percent increase in the average residential sales price nation-wide.
Despite the disruption of the virus, consumers are feeling optimistic, according to a Leger survey conducted on behalf of RE/MAX Canada, with 52 percent of Canadians eyeing real estate as one of the best investment options in 2021, and expressing confidence that the Canadian housing market will remain steady next year.