Royal LePage: Canadian home prices soar as persistent supply shortage results in continued seller’s market

Friday Oct 15th, 2021

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National aggregate home price increases 21.4% year-over-year  Third quarter highlights: Royal LePage maintains its 2021 forecast, with the national aggregate home price expected to rise 16.0% in Q4, compared to a very strong Q4 2020 Very low inventory pushes potential buyers to sidelines amid national housing supply crisis, resulting in pent-up demand 5% of regions surveyed saw double-digit year-over-year aggregate price growth in Q3 Condominiums continue price rebound in... [read more]

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