The RE/MAX 2018 Recreational Property Report has just been released. This report was jam-packed with a handful of interesting findings, revealing a surge in the recreational property market while Canada’s residential market begins to recover.

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There was strong growth for resale properties in Toronto last month in July, with sales up 18.6% year-over-year to 6,961 units. The Toronto Real Estate Board (TREB) reports that the average sales price was up 4.8% to $782,189, including a moderate rise for detached home types. Keep reading our July 2018 Toronto Market Update to learn more about the current market!

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The latest RE/MAX Recreational Property Report has been released, offering insight into buying activity and liveability factors such as who is driving demand, top amenities, and more emerging trends in Canada's popular recreational markets.

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In 2017, Canada posted year-over-year residential price gains across most regions. Now in 2018, many housing markets could see reduced purchasing power resulting from the new OFSI mortgage rules that took effect on January 1st. If you’re among the 37 per cent of Canadians who are not aware of the change in mortgage rules and how they might affect them, read on...

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This past year, we saw a considerable shift in the sales-to-prices ratio as a number of major factors came into play. The number of total sales decreased by 18% in 2017, while the final average for the entire year came out to a 12.7% increase over 2016's numbers. Conditions in the Toronto area remained on trend last month, with a higher than typical number of new listings, remaining very moderately in seller's market territory. Continue reading our December 2017 GTA Market Update to learn more...

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The newly-released 2018 RE/MAX Housing Market Outlook Report looks back at Canadian housing market trends in 2017 and outlines which trends we will likely see in the year ahead. Continue reading to see the GTA Housing Market Report and the full 2018 RE/MAX Housing Market Outlook Report.

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