Fifty-two per cent of single Canadians said economic uncertainty and expensive home prices are the biggest factors in their decision not to purchase a home, according to a recent Re/Max survey conducted by Leger.
Richard Robbins and Phil Soper, CEO of Royal LePage, sit down to discuss the current condition of the Canadian real estate market. They look at trends from coast-to-coast and predict where 2018 take us.
In eight of the 10 Canadian cities surveyed, commercial tax rates were at least double those of residential tax rates. Vancouver, Toronto and Montreal posted the highest commercial-to-residential ratios in the country.
REM (Real Estate Magazine) is Canada’s premier monthly magazine for real estate professionals. REALTORS®, real estate agents, sales representatives, brokers, owners, administrators, and other real estate industry stakeholders read REM every month for news, analysis, and commentary on Canadian real estate.
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