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Tag: Real Estate

Numbers

8 need-to-know stats about the Canadian housing market heading into 2019

While there have been plenty of predictions about where the Canadian housing market might be headed in the new year, it’s important to take stock of where activity levels stand today. Without the proper context, even the best forecasts from industry experts can be difficult to fully grasp.

With this in mind, Livabl has collected 10 stats about the market, covering everything from the slowly warming Toronto housing market to new homes sales numbers, luxury home prices, and more.

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Homes

43% of Canadian families have given up on the dream of a low-rise home

The majority of young Canadian families would prefer to live in a single detached home, but many have given up on the dream of ever being able to buy one.

In fact, 43 percent of families surveyed in a recent report from Sotheby’s International Realty Canada said that high detached home prices meant they had to settle for higher density housing.

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