Articles from Sotheby's International Realty Canada

Toronto leads Canadian luxury market revival as Calgary posts new records; Montreal sales climb as Vancouver slowdown lingers

Top-tier real estate sales boom in Calgary and Montreal, as Toronto stabilizes; Vancouver shifts to favour buyers

Record gains and growing pains in Calgary, as Montreal sales renew; Vancouver and Toronto luxury markets calm with market and population shifts

Calgary sales gains eclipse major Canadian cities as activity renews in Toronto, Montreal, Vancouver

Luxury single family home demand buoys Toronto, Vancouver and Montreal markets, as Calgary economy and housing market thrives

Toronto, Vancouver and Montreal pivot to luxury single family homes as condo sales stabilize, while Calgary surpasses national benchmarks

Vancouver ultra-luxury market rebounds, while competition stiffens in Toronto; luxury demand intensifies in buoyant Calgary market, as Montreal market moderates

Sotheby’s Concierge Auctions and Sotheby’s International Realty Canada present Vollebak Island and Sterling Manor at the first ever live auction of Canadian real estate at the iconic auction house

Stiff competition and low inventory ahead for Canadian luxury real estate market as demand heats up across Toronto, Vancouver, Montreal and Calgary

Confidence in Canadian real estate bridges generational divide as 49% of urban Canadians expect real estate performance to surpass/match financial investments within 12 months, increasing to 60% within a decade

Vancouver, Montreal and Toronto rebalance at new benchmarks, as strong economy bolsters Calgary market

Calgary leads luxury market performance, as Toronto, Vancouver and Montreal sales come into balance

Renewed confidence in Canada's post-pandemic return and economic recovery bolstered gains across the country's major metropolitan luxury real estate markets through the first half of 2021. As the Bank of Canada reported first-quarter GDP growth at a “robust” 5.6%, the Conference Board of Canada projected a 6.1% expansion of real GDP in 2021, with solid economic recovery expected across every province. Resulting confidence, housing demand and eroding luxury real estate inventory were captured in new data compiled by Sotheby’s International Realty Canada that reflect record-breaking levels of activity and prices across the country’s major luxury markets through the first half of the year.