The RE/MAX 2016 Housing Market Outlook is Out!
Highlights of this year’s report:
- The RE/MAX 2016 price projection for the average residential sale price is 2.5%, based on continued demand in Greater Vancouver and the Greater Toronto Area
- Many regions in Canada posted year-over-year gains in average residential sale price. The exceptions were primarily regions that rely heavily on the oil and natural resource sectors
- Regions such as Victoria and Fraser Valley reported a spillover effect from the price increases in Greater Vancouver
Most regions in Canada’s housing market have posted year-over-year gains in average residential sale price. Find out which regions are expected to see an increase next year in the 2016 RE/MAX Housing Market Outlook Report: http://rem.ax/1NbrACN other stats for check