October’s Housing Market Snapshot: The Market Stays Hot as the Weather Cools Down

October was another busy month for Canadian home buyers and sellers. Housing activity across the country continued to increase from September into October, breaking yet another record!

Which begs the question: is this trend here to stay?

Download our October 2020 market snapshot.

“Many Canadian housing markets continue to see historically strong levels of activity, and at this point over and above what would have been required to make up for the very quiet spring market this year,” says Costa Poulopoulos, Chair of CREA.

At this rate, 2020 may set an annual record for sales activity! Check back next month to see if we’re still on track for a record-breaking year.

Remember, contact a REALTOR® for detailed information about your neighbourhood and its price trends.

Source: realtor.ca/blog