Tag: rising home prices Canada
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New Data Shows Ontario’s First-Time Homebuyers Are Now 40 Years Old
If you’re thinking it’s taking longer to break into the Ontario housing market, you’re not alone- and the stats back it up. The median age of first-time homebuyers in Ontario has jumped from 36 to 40 over the past decade, according to a recent Teranet report, a clear sign of how affordability struggles are reshaping…
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Average Home Prices in Canada Expected to Increase by 5% in 2025
Canada’s housing market is set for a price surge in 2025, with national average home prices predicted to rise by 5%, according to Re/Max Canada’s 2025 Housing Market Outlook Report. Limited inventory and growing demand, fueled by interest rate cuts and improved consumer confidence, are expected to drive the increase. What’s Driving the Price Increase?…
Canada Housing Market 