Q3 2021 House Price Update & Market Forecast

Key highlights from the national release include:

  • Aggregate price of a home in Canada rose 21.4% year-over-year in the third quarter.
  • Royal LePage maintains its 2021 forecast, with the national aggregate home price expected to rise 16% in Q4, compared to a very strong Q4 2020.
  • Very low inventory pushes potential buyers to the sidelines amid national housing supply crisis, resulting in pent-up demand.
  • 85.5% of regions surveyed saw double-digit year-over-year aggregate price growth in Q3.
  • Condominiums continue price rebound in urban centres as return to ‘new normal’ allows Canadians to enjoy more aspects of city life.

Read the full press release here.

Recently Sold Properties

List Price $599,900

List Price $612,500
Welcome to the Team!

The Mackey & McCormick Team is very excited to have Michael Beattie join our boutique Oakville Real Estate Team.

Mike has been an Oakville resident since 2006, holds both an Honours Degree from McMaster University and Masters of Science in Education from Niagara University. Prior to joining Royal LePage, Mike was a high school teacher for 31 years with the Dufferin Peel Catholic District School Board. He is actively involved in his community, coaching Oakville hockey and soccer. Outside of work, Mike enjoys golf, skiing and weight training. He currently resides in Oakville with his wife and 3 sons.

If you have any questions or would like to connect with Mike, please reach out to him at mike@blairandpeter.ca or 289-795-5235.

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Phone: 905.845.4267


Office Info

Royal LePage Real Estate Services

326 Lakeshore Road East  Oakville,  Ontario  L6J 1J6 

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