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53 key Canadian cities, is expected to increase 4.9 per cent by the end of 2018

  •  Impact of new stress test expected to be contained to first half of 2018 for most major markets
  • Still risk of high price appreciation in Greater Toronto Area and Greater Vancouver as chance of market correction fades
  • Compounding policies could have unintended consequences for struggling housing markets

Full read: https://www.royallepage.ca/realestate/news/new-osfi-stress-test-set-to-limit-national-home-price-appreciation-in-2018/#.WjF1aEqnGUl

Royal LePage Market Survey Forecast 

Region 2017 Aggregate Home Price(Estimate) 2018Aggregate Home Price


(Forecast)

Year-over-Year(%)
Canadian House Price Composite(53 Cities) $631,000 $661,919 4.9%
Greater Toronto Area $844,000 $901,392 6.8%
Greater Montreal Area $387,000 $408,285 5.5%
Greater Vancouver $1,287,000 $1,353,924 5.2%
Ottawa $444,000 $458,208 3.2%
Calgary $483,000 $494,109 2.3%
Edmonton $388,000 $382,180 -1.5%
Winnipeg $303,000 $315,120 4.0%
Halifax $319,000 $326,975 2.5%
Regina $327,000 $329,289 0.7%
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