Other

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

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This entry was posted on Wednesday, December 16th, 2015 at 12:56 pm and is filed under Real Estate Related. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.