{"id":152,"date":"2016-04-05T07:16:17","date_gmt":"2016-04-05T07:16:17","guid":{"rendered":"https:\/\/www.realestateleads.ca\/blog\/?p=152"},"modified":"2016-09-20T18:40:29","modified_gmt":"2016-09-20T18:40:29","slug":"vancouver-toronto-will-continue-this-spring-in-leading-sales-of-luxury-homes-in-both-average-price-and-quantity","status":"publish","type":"post","link":"https:\/\/www.realestateleads.ca\/blog\/vancouver-toronto-will-continue-this-spring-in-leading-sales-of-luxury-homes-in-both-average-price-and-quantity\/","title":{"rendered":"Vancouver & Toronto will continue this spring in leading sales of luxury homes in both average price and quantity."},"content":{"rendered":"
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The GTA will most likely lead the market for dwellings over $1 million; as sales gather even more momentum and prices continue to rise. Good growth is also expected in Vancouver especially in Vancouver\u2019s top-tier residential market. Increases in sales of homes priced over $4 million are expected. We expect both markets have good potential for significant gains and heightened demand and insufficient inventory to drive price escalation; and seller\u2019s market conditions are expected to stay.<\/p>\n

Canada\u2019s weak dollar has made real estate more attractive to domestic & foreign buyers. Other market fundamentals have and will continue to have positive impact on market for dwellings of more than $1 million across Canada this spring.<\/p>\n

In Alberta\u2019s largest city, Calgary, continued economic instability due to trouble in the oilfields will keep increasing the number of homes available; further contributing to a decline in prices in markets for top-tier residences and for more typical homes.<\/p>\n

Steady economic growth indicators in Quebec have enabled a balance in the Montreal market. Sales numbers of top-tier detached single-family homes, attached homes & condominiums are anticipated to be comparable to 2015\u2019s levels.<\/p>\n

In Vancouver, the first 2 months of this year saw sales of homes valued at more than $1 million increase 23% yearly to 770 units, of which 560 were single-family home sales – a 17% increase.<\/p>\n

While the GTA remains attractive for foreign investors & immigrants; local demand will remain the main market driver. The Toronto market has seen a 62.5% increase in home sales topping $1 million; up to 1,650 units. 1,487 were single-family homes.<\/p>\n

In comparison, the home sales of $1 million or more went up 23% in Montreal; 80 units in the first two months of the year. That\u2019s a similar number as in Calgary, equivalent to a 1% decrease comparatively to 2015.<\/p>\n

~<\/p>\n

Would you like to super-charge your career with 40+ fresh & real leads per month? Just contact us for for information on our Canadian Real Estate Lead marketing system<\/a>.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The GTA will most likely lead the market for dwellings over $1 million; as sales gather even more momentum and prices continue to rise. Good growth is also expected in Vancouver especially in Vancouver\u2019s top-tier residential market. Increases in sales of homes priced over $4 million are expected. We expect both markets have good potential […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-152","post","type-post","status-publish","format-standard","hentry","category-general-topics"],"yoast_head":"\nVancouver & Toronto will continue this spring in leading sales of luxury homes in both average price and quantity. - Real Estate Leads Blog<\/title>\n<meta name=\"description\" content=\"Vancouver & Toronto will continue this spring in leading sales of luxury homes in both average price and quantity. - Real Estate Leads Blog\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.realestateleads.ca\/blog\/vancouver-toronto-will-continue-this-spring-in-leading-sales-of-luxury-homes-in-both-average-price-and-quantity\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vancouver & Toronto will continue this spring in leading sales of luxury homes in both average price and quantity. - 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