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

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Montreal's housing prices are continuously growing

Residential sales are showing no signs of decelerating, however

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PEI residential supply reaches its lowest reading in 16 years

The downward trend has spurred bidding wars in normally placid Charlottetown

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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

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Toronto benchmark housing price veering ever-closer to record high

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

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Vancouver housing market easing towards more balanced conditions

This is after steady price declines for much of the year

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Winnipeg enjoyed strong multi-family activity this summer

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

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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.