2020 RE/MAX Fall Outlook Report

Key Findings

  • Canadian housing prices anticipated to increase by 4.6% in the third and fourth quarters according to RE/MAX Brokers and Agents. This is compared to the earlier prediction by RE/MAX Brokers and Agents of 3.7% at the start of the year.

  • 32% of Canadians no longer want to live in urban centers, opting for rural or suburban communities instead.

  • Canadians are almost equally split in their confidence in the Canadian housing market, with 39% as confident as they were before the pandemic and 37% slightly less confident.