Exchange district condos 3 . The epidemic has made more and more people consider relocation. Where the cost of living is low.
More than 50% of buyers say holiday homes will be the main residential property for their families. ”
Royal Lepage real estate says house prices in Canada have risen by about 10% this year, twice the long-term average. The latest report from the real estate company shows that the price of detached houses around the city has risen 11.5% from last year, with the average price of holiday homes reaching C $453046.
In addition, the average price of a lakeside resort house soared 13.5% to C $498111.
With regard to the rise in independent home prices during the epidemic, industry insiders believe that part of the increase is due to the paralysis of real estate caused by the spring blockade, a trend that will not abate any time soon. Demand and prices for independent homes and holiday homes will continue to grow in 2021.
RE/MAX, a Canadian real estate company, also expects the Canadian real estate market to continue to rise in 2021, and all types of houses will rise, not just in detached houses, with Toronto prices rising by another 6% in 2021.