What to watch for in 2019!

  • Rising interest rates will be a key factor affecting housing affordability in 2019
  • Thirty-six per cent of Canadians are considering a home purchase in the next five years, down from 48 per cent at the same time last year
  • Sixty-five per cent of Canadians said they do not want to live near a retail cannabis store

Modest price increases are expected in 2019, as the RE/MAX 2019 Housing Market Outlook estimates the average sales price to increase by 1.7 per cent. Housing markets across the country have stabilized in 2018, after the unprecedented increases in average sales price that many markets experienced in 2017. It is anticipated that the market will continue to stabilize, as Canadians will start to feel…

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