{"id":4311,"date":"2016-12-16T10:10:51","date_gmt":"2016-12-16T18:10:51","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=4311"},"modified":"2016-12-12T21:23:44","modified_gmt":"2016-12-13T05:23:44","slug":"which-real-estate-markets-should-you-target","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2016\/12\/which-real-estate-markets-should-you-target\/","title":{"rendered":"Which Real Estate Markets Should You Target?"},"content":{"rendered":"

Expect Canada\u2019s two hottest markets \u2013 Vancouver and Toronto \u2013 to see subdued growth next year.<\/p>\n

According to RE\/MAX in its Housing Market Outlook 2017, Vancouver is expected to see an average home price increase of 2%; Toronto, meanwhile, is expected to see an average price hike of 8%.<\/p>\n

The rest of Canada\u2019s markets will follow Vancouver\u2019s trend more closely than Toronto\u2019s.<\/p>\n

\u201cRE\/MAX expects the average home price in Canada to increase two per cent in 2017,\u201d Christopher Alexander, regional director of RE\/MAX INTEGRA Ontario-Atlantic Canada Region, said. “Strong demand in Canada\u2019s urban centres is expected to continue throughout next year and into the foreseeable future as almost half of Canadians plan to buy a home in the next five to ten years according to a recent RE\/MAX survey.\u201d<\/p>\n

Meanwhile, Alberta\u2019s markets are expected to enjoy a slight shot in the arm, following years of subdued growth and recent resilience.<\/p>\n

\u201cThe housing markets in Alberta\u2019s two largest cities have remained resilient in 2016,\u201d Elton Ash, regional executive vice president of RE\/MAX Western Canada, said. \u201cLow oil prices will continue to lead to tempered consumer confidence, but ongoing development projects in Edmonton and the recent approval of the Trans Mountain pipeline are expected to provide a boost to the provincial economy and help keep housing markets relatively stable in 2017.\u201d<\/p>\n

As for the rest of Canada, check out the forecasted price changes below.<\/p>\n

\u00a0\u00a0\u00a0\u00a0 \"which-markets-should-you-target\"<\/a><\/p>\n

Which Markets Should You Target?<\/a> by Justin da Rosa | Canadian Real Estate Wealth<\/p>\n","protected":false},"excerpt":{"rendered":"

Expect Canada\u2019s two hottest markets \u2013 Vancouver and Toronto \u2013 to see subdued growth next year. According to RE\/MAX in its Housing Market Outlook 2017, Vancouver is expected to see … [read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-4311","post","type-post","status-publish","format-standard","hentry","category-market-updates"],"yoast_head":"\nWhich Real Estate Markets Should You Target? • Rory C Real Estate | Oakwyn Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.roryc.ca\/blog\/2016\/12\/which-real-estate-markets-should-you-target\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Which Real Estate Markets Should You Target? • Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"Expect Canada\u2019s two hottest markets \u2013 Vancouver and Toronto \u2013 to see subdued growth next year. 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