July 2023

rlp july

Royal LePage’s Q2 2023 Home Price Update and Market Forecast

Home prices expected to hold steady through remainder of 2023, despite anticipated drop in activity following second consecutive increase to BoC’s overnight lending rate. Here are some of the highlights from the Royal LePage report, and click through to read the whole update on their blog post. National aggregate home price remained almost flat year-over-year in Q2 2023 (-0.7% over Q2 2022) and...

june

Royal LePage’s June 2023 Market Update

Last month, there were 424 sales of single-family homes in the VIREB area, a five per cent increase from one year ago (403) and up by 13 per cent from May 2023 (488).Sales of condo apartments in June came in at 111, increasing by 39 per cent year over year and 29 per cent from the previous month. In the row/townhouse category, 101 units changed hands in June, up 49 per cent from one year ago and seven per...

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