Royal LePage recently distributed to the media its Q4 2020 House Price Update which presents home price trends across 63 real estate markets in Canada. The release includes insights from industry experts across the country, and data from the Royal LePage House Price Survey.
Release highlights:
- More than half of Canada’s largest real estate markets see double-digit price growth as national home values soar 9.7% in fourth quarter
- Price of detached homes continue to outpace condominiums as Canadians trade location for square footage
- Despite strong push toward the suburbs, Toronto and Montreal single-family homes see double-digit price gains in city centres
- Aggregate price of a home in Canada rose $206,815 since Q4 2015
Read the full national release here
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