Media Room
Royal LePage Is The Voice Of Canadian Real Estate.
Since 1913, Canadians have turned to Royal LePage to keep them informed about the latest real estate market news.
That’s why we are the single most-quoted real estate company in the country and a trusted source of information and advice. From real estate pricing trends to innovative ways to market your property, we deliver timely news and valuable information to help you make smart real estate decisions. Below, you’ll find the latest releases and surveys.
Top paint colours of 2024
As we approach the start of spring, you may be thinking about all of the projects around the house that you can finally start when warmer weather arrives – opening up the pool, adding those perennial flower beds to your lawn, or perhaps changing up your wall colours. If you’re thinking about adding a fresh […]
Royal LePage expects mixed results for the Quebec recreational real estate market in 2023
While single-family home prices in Quebec’s recreational markets rose 16.1% year-over-year in 2022, inflation levels along with mortgage borrowing costs remain high, and are expected to drive values downward in 2023 Highlights: The aggregate price of a single-family waterfront property in the province increased 17.3% year-over-year in 2022, while that of a condominium surged 22.3% […]
Canada’s recreational real estate rush comes to a close: Prices expected to soften amid waning activity
National aggregate house price forecast to dip 4.5% in national recreational market in 2023 as sidelined buyers wait for more inventory, economic stability Highlights: The aggregate price of a single-family home in Canada’s recreational property market increased 11.7% year-over-year to $619,900 in 2022 Nationally, the aggregate price of a single-family waterfront and condominium property increased […]
Mapping the million: What $1 million can buy in Canada’s major real estate markets
Nationally, a typical $1-million home boasts an average of 3.2 bedrooms, 2.6 bathrooms and almost 1,800 square feet of living space TORONTO, February 23, 2023 –In examining what a budget of approximately $1 million – give or take $50,000 – can buy in Canada’s major housing markets, Royal LePage determined that the average home in […]
Homebuyer confidence returns in Montreal, as Bank of Canada maintains key lending rate at start of spring market
Royal LePage revises its 2023 house price forecast upward for the Greater Montreal Area’s residential market to reflect a softer and shorter-than-expected correction The aggregate price of a home in the region declined in the first quarter of 2023 compared to the same period last year, but increased since the fourth quarter of 2022, indicating […]Phil Soper recognized as top Canadian on Swanepoel Power 200 list for tenth consecutive year
CEO of Bridgemarq Real Estate Services, Inc., which owns Royal LePage, Johnston & Daniel, Via Capitale and Proprio Direct, ranked 10th overall on Swanepoel’s list of 200 most powerful people in real estate; Royal LePage COO, Carolyn Cheng, ranks on list for fourth consecutive year TORONTO, January 17, 2023 – For the tenth year in a row, […]
Canada ends 2022 with modest decline in national aggregate home price; prices remain well above pre-pandemic levels
National aggregate home price posts single-digit year-over-year decline in Q4 over 2021; double-digit growth compared to 2020 and 2019 Fourth quarter highlights: National aggregate home price down 2.8% in Q4 2022 vs. the prior year; first year-over-year decline recorded in more than a decade Prices remain above pre-pandemic levels: Canada’s Q4 2022 national aggregate home […]
Canada’s real estate market: Buyers are back, but where is the inventory?
With demand outpacing supply, Royal LePage adjusts forecast upward following stronger-than-expected start to 2023 First quarter highlights: National aggregate home price forecast to increase 4.5% year-over-year in Q4 2023 Single-digit price gains in first quarter driven by early return of sidelined buyer demand and continued shortage of inventory National aggregate home price up 2.8% quarter-over-quarter […]