The 2017 Spotlight on Luxury Report is now out and we’ve truly shined a spotlight on some of the major luxury markets in Canada. One thing is certain – luxury condo’s have been king across most major markets. Sales of homes priced over $1 million were up year-over-year in Victoria, Calgary, the Greater Toronto Area (GTA) and Oakville while the luxury market in Vancouver cooled during the first seven months of 2017.
In the upper-end of the GTA’s luxury market, demand for single-family detached homes over $3 million saw the largest increase in activity, with sales rising by 55 per cent year-over-year. The Toronto suburb of Oakville also continued to see tremendous growth, with sales for properties between $2.5 and $3 million increasing by 112 per cent year-over-year. Oakville’s proximity to Toronto and strong local schools are a main attraction for buyers looking to enter the market.
As always, we’ve created a number of social shareables for you to download and use in your marketing efforts. These are fantastic to share on social, but you can also work them into listing presentations or other markteting collateral. See below or visit our Facebook page to download.
How to Use the Report:
Not sure where to start? Here are a few real-world examples of where and how the Spotlight on Luxury Report will work best!
- Become a recognized leader in the recreational field of real estate by posting some of the statistics found throughout the report on your social platforms.
- Be the pillar of communication for the markets you serve by posting one of the shareable social images on your website!
- The Spotlight on Luxury Report also acts as the perfect handout at open houses. It’s engaging, visual, and sure to capture the attention of those that walk in the door!
- Check out the full report on the RE/MAX Canada blog. It’s the perfect place to refer clients too and share the report on social from.