Taline Sagharian Real Estate

Canadian Real Estate Market Forecast for 2021

Friday Dec 18th, 2020


The 2021 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.


*Aggregate price of a home in the Greater Toronto Area forecast to rise 5.75%

*Tech and government sector expansion to drive Ottawa prices up 11.5%

*Canada's priciest city to experience 9.0% rise as housing demand in Vancouver surges

*Halifax and Greater Montreal prices forecast to rise 7.5% and 6.0% respectively

*Calgary, Edmonton prices buck regional economic drag, to show modest price growth



Aggregate: 5% to $746,100
Condominium: 2.25% to $522,700
Two-Storey: 6% to $890,100


Greater Toronto Area

Aggregate: 5.75% to $990,300
Condominium: .5% to $600,800
Two-Storey: 7.5% to $1,185,800


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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