This time last year we started hearing the term “unprecedented” probably more than any one person had before, and we truly didn’t know what the rest of 2020 would hold. As a country, we pivoted quickly and adapted at a rate that was difficult to track. The real estate industry, as we learned, was no different.
While the spring of 2020 saw record declines in sales, the year ended on a completely different note. As we popped champagne at home, celebrating the end of a challenging year, it was clear 2020 was a record-breaking year for home sales across Canada.
In this issue of REAL TIME, we reflect on 2020 but focus on what’s in store for the rest of 2021. We speak with our team of economists who break down the numbers and offer insights into what a vaccine could mean for Canadian housing markets, interest rates and, of course, the future of real estate in this country.
In addition, we have curated articles and knowledge for you to share with your clients to help them navigate the changing face of real estate. Lastly, we examine the role of technology as well as the need for additional housing stock.
What would you like to see featured in an upcoming edition of the quarterly REAL TIME magazine? Email Editor Michael Shaw and let us know.