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Vancouver Home Team Update : 

RE/MAX Canada expects average residential prices to rise 4% to 6% in 2021

 
RE/MAX Canada is anticipating healthy housing price growth in 2021, with move-up and move-over buyers
continuing to drive activity in many regions across the Canadian housing market. An ongoing housing supply
shortage is likely to continue, presenting challenges for homebuyers and putting upward pressure on prices.
Due to these factors, the 2021 RE/MAX Housing Market Outlook Report estimates a four to six per cent
increase in the average residential sales price nation-wide.
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