The newly released RE/MAX Canada 2022 Hot Pocket Communities Report compared market activity in the first and second quarter of 2022 in terms of unit sales and prices, analyzing 60 Toronto Regional Real Estate Board (TRREB) districts and 16 regions within the Real Estate Board of Greater Vancouver (REBGV), and six areas in the Fraser Valley Real Estate Board (FVREB).

In the Greater Toronto housing market, the Central and West End of the 416 held up relatively well in terms of average price while Durham, Peel, York, Halton and Dufferin surrendered some of the staggering gains realized in recent years. Preliminary estimates of Q2 median prices in Greater Vancouver’s Squamish area and the Sunshine Coast were comparable to first quarter figures, while West Vancouver and Vancouver West/Howe Sound reported moderate increases. Read the full report to learn more, and share with your clients to keep them informed.

Key Findings

  • Second-quarter detached home sales rose year-over-year in 40 per cent (24/60) of regions across the Greater Toronto housing market, with the vast majority of increases noted the 416 area code (20/60).
  • The Greater Vancouver housing market experienced an increase in sales in 31 per cent of regions (5/16), including Island-Gulf, North Vancouver, Squamish, Sunshine Coast and Whistler/Pemberton.

VIEW & DOWNLOAD GTA HEAT MAPS

VIEW & DOWNLOAD GVA HEAT MAPS

Social Shareables

Download these assets and share on your social channels to help keep your clients informed.

News Coverage & Segments

The report has reached national and regional news coverage! Find more insights from these news articles and video segments below.