This is compared to the 3.7% increase that was predicted in late 2019. The Peterborough and Kawarthas housing market started out strong at the beginning of 2020, but like numerous other Canadian real estate markets, activity here slowed in mid-March following lockdown restrictions. Best Places to Live: Canada Liveability Report (Fall 2020), A Look at the Recovery of the Vancouver Housing Market, The Winnipeg Real Estate Market Continues to Grow. Learn more about RE/MAX real estate franchise opportunities in Ontario-Atlantic Region and Western Canada. According to the survey, 44% of Canadians would like a home with more space for personal amenities, such as a pool, balcony or a large yard. The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. Republication or distribution of this content is This is compared to the 3.7% increase that was predicted in late 2019. Not only are Canadians more motivated to leave cities, but changes in work and life dynamics have also shifted their needs and wants for their homes. Le party dans nos données - Le Journal de Montréal. Zolo's real estate market trends gives you a real-time look at the Peterborough housing market. Additional highlights from the 2020 RE/MAX Fall Market Outlook Report Survey: About the 2020 RE/MAX Fall Market Outlook Report. “Kitchener’s done huge great things,” said Hennessey. With all of Ontario now in phase three of re-opening and consumers more comfortable engaging in the market, market activity in Ontario is expected to remain steady in the fall, with modest price increases of up to 6% in some regions. “Looking ahead, government financial aid programs may be coming to an end in September, which could potentially impact future activity; however, the pent-up demand and low inventory dynamic may keep prices steady and bolster activity for the remainder of 2020. June was a month that we were anxious to see the statistics for, as it was our first good indicator which direction our real estate markets in peterborough and ontario are going to take as we. With the province being one of the hardest-hit regions in Canada, markets such as Niagara, Mississauga and Kitchener-Waterloo experienced significant drops in activity. According to the survey, 44% of Canadians would like a home with more space for personal amenities, such as a pool, balcony or a large yard. With all of Ontario now in phase three of re-opening and consumers more comfortable engaging in the market, market activity in Ontario is expected to remain steady in the fall, with modest price increases of up to 6% in some regions. However according to the RE/MAX Fall Market Outlook Report, the region is now regarded as very active.Available housing inventory was already low pre-COVID-19, and these … What’s been happening across other Ontario real estate markets? RE/MAX brokers and agents are surveyed on market activity and local developments. To order copies of However, come June, they bounced back aggressively as economies began to reopen. RE/MAX brokers and agents are surveyed on market activity and local developments. “Looking ahead, government financial aid programs may be coming to an end in September, which could potentially impact future activity; however, the pent-up demand and low inventory dynamic may keep prices steady and bolster activity for the remainder of 2020. Enhance your real estate research by combining Zolo's market report with other MLS® stats, such as the MLS® Home Price Index. The Peterborough and Kawarthas housing market started out strong at the beginning of 2020, but like numerous other Canadian real estate markets, activity here slowed in mid-March following lockdown restrictions. The 2020 RE/MAX Fall Market Outlook Report includes data and insights supplied by RE/MAX brokerages. This trend is stronger among Canadians under the age of 55 than those in the 55+ age group. brantford@remaxtwincity.com, (519) 662-4955 The 2020 RE/MAX Fall Market Outlook Report includes data and insights supplied by RE/MAX brokerages. All property segments (residential, recreational and luxury) across the Peterborough and Kawarthas housing market are experiencing a seller’s market, with no indications of this shifting in the near future. balcony, pool etc. Copyright © 2020 RE/MAX at Blue Realty | Sitemap, RE/MAX AT BLUE REALTY CONTINUES TO DO BUSINESS, Ontario Housing Market: Real Estate Trends in Clarington, Hamilton-Burlington Housing Market Outlook (Fall 2020), Blue Mountain Real Estate – RE/MAX at Blue Realty, Peterborough and Kawarthas Housing Market Outlook, Best Places to Live: Canada Liveability Report (Fall 2020), A Look at the Recovery of the Vancouver Housing Market, How Do You Buy a Home? Current Peterborough MLS stats indicate an average house price of $363,310 and 189 new listings in the last 28 days. What’s been happening across other Ontario real estate markets? Nicholson said housing options in the city are slim. “A lot of the rooming houses are turned into drug havens; I am in a rooming house right now with people that drink. The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA. The proportions of home types sold has changed. Based on these factors, average home prices are expected to remain stable and market activity is expected to remain strong over the next 12 months, especially in more rural areas that offer more space for buyers. Get real estate facts on average house price, housing inventory, and average days on market. Canadians are almost equally split in their confidence in Canada’s real estate market, with 39% as confident as they were prior to the pandemic, and 37% slightly less confident. “I just want to have a better life, there is no quick dollar,” said Nicholson. Does the reported inflation rate truly reflect Can... CMHC CEO, Vancouver realtor figure in Twitter spat.

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