Taline Sagharian Real Estate

Canadian Real Estate Market Forecast for 2020

Thursday Jan 09th, 2020


The 2020 Royal LePage Market Survey Forecast for all house types, and individual forecasts for condominiums and two-storey detached houses in major regions across Canada. Key highlights are below and additional details are in the national release and corresponding chart.

*Low supply in the Greater Toronto Area expected to fuel home price growth in 2020
*Greater Montreal Area forecast to see highest appreciation rate in 2020 among cities surveyed
*Greater Vancouver house prices forecast to stabilize in 2020
*Ottawa’s aggregate home price forecast to cross half million dollar mark in 2020


Aggregate: 3.2% to $669,800
Condominium: 3.6% to $506,100
Two-Storey: 3.1% to $785,400

Greater Toronto Area

Aggregate: 4.75% to $883,700
Condominium: 6.0% to $600,000
Two-Storey: 4.5% to $1,027,200

Click here to read the Royal LePage national release

Contact me at 416-522-8426 or Taline@RoyalLePage.ca for more information.


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