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Tag: Montreal Condos

Canada

Canada’s Condo Markets Are Making Huge Gains, That Will Get Bigger: BMO

May 18, 2021

Canada’s condo market has set off some alarms, but everyone is busy watching the dumpster fire down the street. BMO senior economist Robert Kavcic highlighted condo price growth last month. Price growth didn’t just hit a multi-year high for annual growth. Growth over the past 3 months showed one of the fastest price accelerations in […]

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Canada

RBC: Toronto Condo Listings Grow 6x Faster Than Vancouver

October 29, 2020

Canadian real estate sales have been impacted by the pandemic in an unexpected way. RBC Economics recently unpacked a trend of rising condo apartment listings. Dense cities filled with condo apartments, are seeing sellers flood the market. Meanwhile, mostly detached suburban markets are seeing inventory heading in the opposite direction. Toronto Condo Listings Rise 134% […]

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Canada

Most of Canada’s Condo Markets Are Down From Peak Prices

August 27, 2020

Canada’s real estate markets have seen prices soar, but condos are getting left behind. Canadian Real Estate Association (CREA) data shows only five major markets saw condo prices hit a new peak in July. Over two-thirds of Canada’s major markets haven’t seen a peak since the beginning of the pandemic. Some markets last saw prices […]

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