Mike Carson

Your local Sunshine Coast Realtor

Cell 604-740-1841

Office (24 hour pager) (888) 385-3295

Email: info@sunshinecoastland.com

Royal LePage 2nd Quarter Market Report and Forecast

Some highlights from the national release include:

  • Canada's residential real estate market continued to show strong appreciation in the second quarter of 2016, posting the highest national year-over-year gain seen in five years.
  • The cooling of Canada's hottest real estate markets is delayed again as central bankers are expected to keep interest rates lower for longer in light of Brexit and global uncertainty.
  • Looking ahead to the remainder of 2016, Royal LePage forecasts that the aggregate price of a home in Canada will increase 12.4 per cent when compared to year end 2015.
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