RE/MAX 2016 Housing Market Outlook Report

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The holiday season is a busy time of year for everyone. Clients, past and present alike, are scurrying among the holiday shoppers, jolly party-goers, and festive home decorators, and finding spare time in your calendar is like finding missing scissors in the middle of a holiday gift wrapping frenzy. That being said, one thing we all make time for during this time of year is reflecting on the year that has passed, while making predictions and looking ahead at the year to come. With the 2016 Housing Market Outlook, that is exactly what we are doing!

About the RE/MAX 2016 Housing Market Outlook Report

In 2015, high demand and low supply continued to characterize Vancouver and Toronto’s Housing Markets, and the limited inventory of single-family homes pushed prices higher. The Greater Vancouver Area saw a 17 percent increase in the average residential sale price and the Greater Toronto Area followed closely behind with a ten percent increase. These markets are both expected to continue to see price appreciation, and regions outside of Canada’s highest-priced cities reported a spill over effect from the price increases.

91% of Canadians say that home ownership is part of the Canadian dream

In 2016, RE/MAX average residential sale price expectation for Canada is an increase of 2.5 percent as Canadians continue to see home ownership as an important milestone as well as a good investment.

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How to Use the Report:

RE/MAX press releases and reports are distributed throughout the year and are designed to educate the public and our network on industry insights. A full download of the report and press release are always available on remax.ca.

Below are a few examples of how you can leverage the report in your business:

  • Provide a copy of the report in your listing presentations
  • Make a copy available at your next open house
  • Ensure a copy of the report is available for clients to browse at your office
  • Share with your network via email
  • Encourage clients to view the report on social media

 

How to Leverage Report Resources:

Each time a RE/MAX Report is released, we share additional resources you can use to help you easily share it with your clients. Eye-catching visuals are a great way for you to grab their attention online, and the images below are a great place to start. Keep in mind that when you click to download the images, they will automatically download to your computer.

St. John's

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Ottawa

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Hamilton

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Halifax

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