Each quarter Royal LePage prepares the latest industry housing and market statistics. These are great trends to analyze for investors, and homebuyers alike. Some of the highlights from the most recent financial quarter are as follows:
Home prices continued to rise in the third quarter of 2021, but at a significantly slower pace than we saw earlier in the year. According to the recent Royal LePage House Price Survey, 68% of regions studied posted quarter-over-quarter gains of less than 2% in Q3, compared to just 14.5% of regions in the second quarter. As the weather warmed, Canadians turned their focus to other things, especially as increased vaccination rates led to a reduction in pandemic health restrictions.
“During the third quarter,...

Unlike many places in the Okanagan, Shuswap Lake offers vacant waters and sometimes beaches too. This is great for people looking for a relaxing time on the water without the...