Sotheby’s International Realty Canada just released its Top-Tier Real Estate Report, a bi-annual study reporting on $1 million+ home sales activity in Vancouver, Calgary, Montreal, and the Greater Toronto Area.
It looks like we’re in for another year of strong activity in the high-end condo market. Sotheby’s International Realty Canada released its Top-Tier Real Estate Report today, predicting sellers’ market conditions in the condo market.
We chatted with Ben Myers, President of Bullpen Research & Consulting Inc., to learn more about what’s in the cards for 2019. We touch on rising rates, the stress test, the rental market, soaring home prices, and more.
Last year was a time of market cooling with rising interest rates and new government regulations. It was a rocky year. Sales weren’t that strong, supply didn’t exactly skyrocket, and prices remained high. What does 2019 hold for the real estate market?
The Building Industry and Land Development Association released its monthly results for the Greater Toronto Area’s new home market, reporting that the number of sales and openings are back on track for November 2018.