Tyler Suchan

RE/MAX Select

Cell 780-945-1318

Email: tylersuchan@gmail.com

Canadian Real Estate Wealth

Tuesday, October 15, 2019 12:25:10 PM UTC
Immigration is now a major factor in population growth

From 2018 to 2019, Canada has seen some of the highest inbound immigrant volumes ever

Montreal's housing prices are continuously growing

Residential sales are showing no signs of decelerating, however

PEI residential supply reaches its lowest reading in 16 years

The downward trend has spurred bidding wars in normally placid Charlottetown

This year's sales continue to outstrip 2018’s, amid weaker starts

Both domestic and foreign demand continue to boost Canada’s home sales activity

Toronto benchmark housing price veering ever-closer to record high

Lower interest rates along with population growth are driving the engines of demand

Vancouver housing market easing towards more balanced conditions

This is after steady price declines for much of the year

Winnipeg enjoyed strong multi-family activity this summer

A strong condo market has propelled the city's housing market to new heights

Copyright 2019 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.