The RE/MAX Collection 2018 Spotlight on Luxury
The RE/MAX Collection 2018 Spotlight on Luxury is out!
This report sheds light on the luxury real estate market in Vancouver, Victoria, Calgary, Toronto, and Oakville.
Findings in this years report:
- Sales of single-detached homes priced $1-2 million have declined in Toronto and Vancouver, down 35 per cent year-over-year
- The luxury condo market in the $1-2 million range remains popular, particularly in larger urban centres
- Toronto experienced a two-per-cent increase in luxury condo sales, while Vancouver sales were up six per cent and Victoria luxury condo sales increased 19 per cent
Read the full report here.
If you have any questions about this year’s Spotlight on Luxury, contact:
RE/MAX of Western Canada