What's in store for the Real Estate market 2021

By: Tori Wright & KJ Duck

What's in store for the Real Estate market 2021

Tags: Housing outlook 2021, Toronto Real Estate, market predictions, house prices

Curious about what RE/MAX Brokers have to say about what's in store for 2021?

Canadians on the move: Not an exodus, but the re-location trend across the Canadian housing market is real.

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 per cent increase in the average residential sales price nation-wide.

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