{"id":520,"date":"2016-01-07T08:53:02","date_gmt":"2016-01-07T16:53:02","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=520"},"modified":"2016-01-07T08:53:18","modified_gmt":"2016-01-07T16:53:18","slug":"what-can-investors-expect-this-year","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2016\/01\/what-can-investors-expect-this-year\/","title":{"rendered":"What Can Investors Expect This Year?"},"content":{"rendered":"<p style=\"text-align: justify;\">The average national sale price is expected to hit $448,700 this year, an increase of 1.4% year-over-year, a far cry from the 8.4% year-over-year increase experienced in 2015.<\/p>\n<p style=\"text-align: justify;\">Of course, not all regions will experience the same trends.<\/p>\n<p style=\"text-align: justify;\">\u201cIt\u2019s kind of like asking what\u2019s the overall weather for Canada. It really depends on where you are,\u201d Gregory Klump, chief economist for the Canadian Real Estate Association, told Yahoo Canada News. \u201cThe biggest thing to bear in mind is that when you hear about the Canadian housing market, you have to ask yourself where.\u201d<\/p>\n<p style=\"text-align: justify;\">Ontario is expected to experience the most price growth (+2.9%) due to an listings shortage for single family homes. That will be exacerbated by the strong demand for those homes within the GTA, according to CREA.<\/p>\n<p style=\"text-align: justify;\">\u201cBritish Columbia and Manitoba are forecast to see average price gains of about two per cent in 2016, followed by Nova Scotia and Prince Edward Island in the 1.5 per cent range, and by Quebec and New Brunswick with increases of less than one per cent,\u201d CREA wrote.<\/p>\n<p style=\"text-align: justify;\">As for sales, British Columbia is expected to experience the largest annual increase in sales activity in 2015 (+21.4 %), while Alberta (-21.4 %), Saskatchewan (-10.8 %), and Nova Scotia (-5.1 %) will record annual sales declines, CREA wrote in its most recent housing market forecast. Manitoba, meanwhile, is expected to see a 2.3% increase this year.<\/p>\n<p><a href=\"http:\/\/www.canadianrealestatemagazine.ca\/news\/what-can-investors-expect-this-year-201350.aspx\" target=\"_blank\">What Can Investors Expect This Year?<\/a> by\u00a0 Justin da Rosa | Canadian Real Estate Wealth<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The average national sale price is expected to hit $448,700 this year, an increase of 1.4% year-over-year, a far cry from the 8.4% year-over-year increase experienced in 2015. Of course, &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2016\/01\/what-can-investors-expect-this-year\/\">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":[13],"tags":[],"class_list":["post-520","post","type-post","status-publish","format-standard","hentry","category-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What Can Investors Expect This Year? &#8226; 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\/01\/what-can-investors-expect-this-year\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"What Can Investors Expect This Year? &#8226; Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"The average national sale price is expected to hit $448,700 this year, an increase of 1.4% year-over-year, a far cry from the 8.4% year-over-year increase experienced in 2015. 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