The Year of the Buyer: Canada’s Luxury Real Estate Market Shifts in Favour of Buyers as Opportunities Emerge Post-Pandemic
January 18, 2023 05:55 ET
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Sotheby's International Realty Canada
2022 Highlights New post-pandemic benchmarks for Canadian real estate were established in 2022 as the market settled to more normalized levels after an era of intense hyperinflation.Luxury housing...
Back to Reality for Canadian Luxury Real Estate as Markets Adjust to Economic Headwinds
October 19, 2022 05:55 ET
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Sotheby's International Realty Canada
2022 Third Quarter Highlights Canada’s luxury market continues to transition from an era of pandemic over-exuberance, particularly in regions that saw the most acceleration over the past two years....
A Tale of Two Quarters for Canada’s Luxury Real Estate Market as Conditions Normalize Following Record-Breaking Economic Era
July 20, 2022 05:55 ET
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Sotheby's International Realty Canada
Mid-Year Highlights Canada’s luxury market is normalizing following its historically anomalous performance as rising mortgage rates, escalating inflation and global geo-economic headwinds...
Sale of Magnificent Waterfront Estate by Sotheby’s International Realty Canada Breaks Residential Sales Record on Vancouver Island
June 08, 2022 05:55 ET
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Sotheby's International Realty Canada
VANCOUVER, British Columbia, June 08, 2022 (GLOBE NEWSWIRE) -- Sotheby's International Realty Canada has announced the sale of a breathtaking waterfront estate in Oak Bay, breaking a record for the...
47% of Canadian Gen Z Say Returning to the Office Factors into Home Buying Plans
June 01, 2022 05:55 ET
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Sotheby's International Realty Canada
Survey Highlights Nearly half (47%) of urban Canadian Generation Z adults rank proximity to their workplace as a top priority for the location of their first home purchase; however, just 15%...
Condominium Sales Dominate Canadian Luxury Real Estate Market as Post-Pandemic Recovery Bolsters City Living
April 13, 2022 05:55 ET
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Sotheby's International Realty Canada
2022 First Quarter Highlights Rising inflation and favourable interest rates continue to strengthen demand for Canadian real estate as a hedge investment.Greater Toronto Area luxury residential sales...
Two-Thirds of Canadian Gen Z Homebuyers Say Personal Savings Will Be a Primary Source of Down Payment Funds
March 09, 2022 05:55 ET
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Sotheby's International Realty Canada
Survey Highlights1 in 3 (37%), urban Canadian Generation Z adults expect to purchase their first home within the next 5 years.30% expect the purchase price of their first home to be $350,000–$499,000,...
Canadian Luxury Real Estate Market Caps Historic Year with Multiple Records Broken
January 12, 2022 05:55 ET
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Sotheby's International Realty Canada
2021 Highlights Significant deficit of conventional and luxury housing severely constrained sales and the housing mobility of Canadians.The Greater Toronto Area’s luxury performance transcended the...
Sale of Private Residential Estate by Sotheby’s International Realty Canada Shatters Quebec Real Estate Records
December 21, 2021 15:30 ET
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Sotheby's International Realty Canada
MONTREAL, Dec. 21, 2021 (GLOBE NEWSWIRE) -- Sotheby's International Realty Canada today announced the sale of a majestic, six-acre waterfront estate that has set a new historic record as the highest...
Generation Z Primed to Enter Housing Market Despite Affordability Concerns
December 08, 2021 05:55 ET
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Sotheby's International Realty Canada
A recent report by Mustel Group and Sotheby’s International Realty Canada reveals that despite the “dream” of home ownership dwindling, 75% of Gen Z respondents are still confident they will buy in...