Royal LePage forecasts double-digit home price growth in Canada in 2022

I’m thrilled to present an outlook for the Canadian real estate market in 2022. These are predictions brought to you by Royal LePage and are a great benchmark. If you’re planning on buying or selling in 2022 then read along to see what’s potentially in store this year.  If you have questions about buying or selling real estate in the Shuswap area then please reach out to me directly!

Key highlights from the national release include:

• Canada’s national aggregate home price forecast to rise 10.5% by the end of 2022.
• Omicron variant emergence may extend period of unusually strong real estate markets.
• The GTA is the only region...

Shuswap – Real Estate For Sale is in focus with a comprehensive year-end review!

In 2021 we wrote a lot about topics centered around Shuswap real estate for sale! This helpful blog content was curated to ensure our readers knew exactly how to handle every real estate situation. We even wrote about what the future in housing could look like. To mark the end of 2021, we are going to take a look at all of the articles we’ve written from the last 11 months. Finding great Salmon Arm real estate will be a breeze if you keep up-to-date with our blog! Check out all the articles you may have missed from 2021 below! Follow along as we summarize each blog post from 2021.

January 2021 – How to Find the Best Salmon Arm Real Estate

In January,...

The severe weather conditions are picking back up this November, as a series of floods and mudslides have wiped out entire towns in British Columbia. The extreme weather conditions are reminiscent of this past summer, where wildfires ravaged British Columbia in all parts of the province. It is important that people have an emergency plan in place in the event of an evacuation order. There are a variety of ways to ensure you and your family are ready to leave your houses in Shuswap if need be. Wildfires, floods, and other extreme weather circumstances can cause lots of damage if you aren’t prepared.

Continue reading this article to learn how to stay ahead of the storm in the event of a disaster and what to do when your home is currently...

Moving into Shuswap homes for sale can present lots of questions for homeowners. Many of which are often asked by first-time buyers and sellers. Having all the information can make buying a new home much easier. This is why I have compiled a list of 10 frequently asked questions that I receive more than any others! Read below to gain a better understanding of buying and selling real estate in Shuswap, BC.

1. How can I best prepare my home for sale?

Preparing your home for sale is all about decluttering, depersonalizing, and deep cleaning. You want to ensure that when buyers walk through your home, they aren’t distracted by your fantastic family photos. This way, they can better imagine their own family living in the house. ...

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,...

Sicamous real estate could become more affordable and accessible with the advent of 3D printing. While you may have heard of 3D printing items like kayaks, what you may not know is that people have been working on 3D printing houses. Many companies across the globe are working to create these unconventionally built homes. There is talk that this process could eliminate a large portion of the time it takes to traditionally build a home. This fact alone is enough to bring down housing prices significantly. Follow along as we dive deeper into the world of 3D printed homes and how they could change the future of the global real estate crises, and more!

Sicamous real estate could be changing. 

The use of 3D printers could greatly...

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:

Key highlights from the national release include:

• Canadian home prices are forecast to end the year 16% higher than 2020.
• The aggregate price of a home in Canada rose 25.3% year-over-year in the second quarter.
• Demand is expected to outstrip supply with upward pressure on prices, yet the pace of increases should moderate as peak price appreciation was reached in early Q2. 
• Greater Montreal’s aggregate home price is forecast to increase 17.5% year-over-year; the highest in Canada among forecasted regions....

When it comes to buying houses for sale Enderby, lots of questions can arise. If you are a first time buyer, it’s important to know what’s up before you start forking out your money. Asking a potential agent the right questions can make your deal all the more successful. Follow along as we go through some of the most valuable questions to ask a real estate agent before committing to their services. 

Can I see your resume?

This one should be a no-brainer. If your agent doesn’t present you with a resume, it is best to ask for one. You will be able to tell a lot about the professionality of the person from their resume. In addition, you will see their experience, education, accomplishments, and more. Ask your potential agent...