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Royal LePage's 2023 Spring Recreational Property Report

March 31st, 2023
A few weeks back, I was interviewed by Royal LePage's media arm to provide my thoughts and insights on the 2023 Spring Recreational Real Estate Market in British Columbia. Here are few key highlights of the overall aggregated results for Canada... For British Columbia's forecast click HEREKey highlights from the release include:* The aggregate price of a single-family home in Canada’s recreat ...

Canadian Home Prices Wrap Up 2022

January 22nd, 2023
The Royal LePage Home Price Update and Market Forecast was distributed last week. The release, distributed each quarter, includes price data and insights from experts in 62 real estate markets across the country, as well as national and regional forecasts.In December, Royal LePage issued a forecast projecting that the aggregate price of a home in Greater Vancouver will decrease 1.0 per cent i ...

Prohibition on the Purchase of Residential Property by Non-Canadians

December 22nd, 2022
The Government of Canada has passed a new law preventing non-Canadians and corporations controlled by non-Canadians from purchasing residential property in Canada for two years. The regulations, however, include an exception for any residential property outside of a Census Metropolitan Area or Census Agglomeration as identified in Statistics Canada’s Standard Geographical Classification 2021. ...

Royal LePage's 2023 Market Survey Forecast

December 18th, 2022
Released this week, Royal LePages's annual 2023 Market Survey Forecast includes year-over-year price forecasts, insights from experts in nine major markets across the country, and a quarter-over-quarter national aggregate home price forecast for 2023. Here are some highlights for 2023: On a quarter-over-quarter basis, prices are expected to flatten in Q2 and begin modest improvement in th ...

2022 Winter Recreational Property Report

December 6th, 2022
Royal LePage just released their 2022 Winter Recreational Property Forecast. As most of us know, the real estate industry news has shifted to expectations of a price dip across the country for 2023. 
While demand for properties in Whistler and Pemberton remains strong, although muted compared to last year, buyers have more choice and more time to sign a deal as inventory continues to increa ...

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