Franchise News 8 April 2025

Two Top CENTURY 21 Canada Brokerages Form Ownership Group

April 2025, Toronto, Ontario– CENTURY 21 Leading Edge Realty Inc. and CENTURY 21 Atria Realty have officially announced that both brokerages will operate under a shared ownership group, marking a new chapter for over 1,400 agents within the legacy Canadian real estate brand.

 

Both brokerages, which operate under the CENTURY 21 Canada brand, will now be headed by Paul Baron and Tasis Giannoukakis (from Leading Edge) and Stephen Chow (from Atria). “When I first started CENTURY 21 Atria, I looked for advice from established brokers,” explains Stephen Chow of the first time he met his future leadership partners. “They explained so much about the industry and even though we were a small company at the time, I realized that they embraced challenges and competition, and they had the foresight to see what we could become.”

 

“When I first met Paul, I saw a like-mindedness. Partnerships come from shared goals and vision, and our ships were travelling in the same direction,” says Tasis Giannoukakis. “And then years later as we got to know Stephen, there was a similar feeling of having the same vision for what we wanted our businesses to grow into.”

 

Though the brokerages will operate under shared ownership, neither will undergo any external branding changes, and agents will not notice any major changes in day-to-day operations. Both will remain under their respective names and agents will continue working with their respective management teams.

 

Paul Baron recognizes that no matter how big C21 Leading Edge gets, there are always growth opportunities to find. “When you take on the role of running a business with partners, you realize that you don’t just accomplish three times the work, you’re able to do ten times. Success will eventually plateau, so it’s important to find partners who will be able to work with you.”

 

The agents of both brokerages will feel the benefits of this new partnership, assures Stephen. “With the market being challenging, we have to provide more opportunities for agents to get the upper hand. We both have a lot of different strengths, different things we can provide and great management teams, and we look forward to the future for our agents.”

 

“Stephen brings strengths to the table that we don’t have and vice-versa, and that’s what excited us about this,” adds Tasis. “Ultimately, this is a win-win for both companies and for all of the agents.”

 

The owners acknowledge that this change has been in the works through the many changes that the Canadian real estate industry has seen over the last few years. “When you look at the massive amount of change in the real estate industry, Canada is in a great position,” explains Paul. “The companies who are in a great position to make headway have strength in numbers and can provide what agents need to get ahead. I’ve been in the business for forty years and the brokerages that are going to make hay in the coming years will strive to provide a whole new level of service to agents.”

 

CENTURY 21 Canada President & CEO Martin Charlwood was on stage for the public announcement last week. “These two franchises have consistently demonstrated an ability to thrive in a competitive environment,” he said to the gathered agents. “Yet they didn’t stop with their current success and recognized that the best way to honor their agents’ trust and loyalty was to find new ways to grow and deliver the best service to them.

 

We may not know what the coming months will hold for the real estate industry here in Canada, but these are leaders who are experienced, careful, and will always keep the best interests of their agents in mind, and we wish them success as they kick off this new venture together.”

 

Staff at both brokerages were informed separately last week before a Spring kick-off event on April 3 formally announced the change publicly. Both brokerages are coming off banner years within the global C21 system – each had offices rank in the Global Top 21 of all offices in the world, with Atria receiving the distinction of the number one office worldwide.

4 April 2025

Real Estate: Real Success Spotlight – Kristie Cavanagh

In this episode of the Real Estate: Real Success Spotlight Series, we highlight Kristie Cavanagh, a top-producing agent from CENTURY 21 Northern Choice Realty Ltd. Brokerage in Kenora, Ontario.

Kristie’s track record speaks for itself: she’s a Double CENTURION® award winner for the past three years, ranked among the Top 1% and Top 100 Agents in 2024, and was named CENTURY 21 Canada’s Sales Associate of the Year. Her commitment to excellence, strong systems, and client-focused approach have propelled her to the top of her field.

In this episode, Kristie shares the strategies that helped her build long-term success in a competitive market—from mindset and goal-setting to building client trust and using CENTURY 21 tools effectively. Her story is packed with insights that will motivate and inspire agents at every stage of their career.

14 March 2025

Real Estate: Real Success Spotlight – The Dan and Alex Real Estate Team

In this episode of Real Estate: Real Success Spotlight Series, we shine a light on one of CENTURY 21 Canada’s most accomplished teams—the Dan and Alex Real Estate Team from CENTURY 21 B.J. Roth Realty in Barrie, Ontario.

Led by Daniel Wojcik and Alex Elieff, alongside team members Alex Byrne, Andrea Gyorfi, Sandrine Rubezius, Taylor Campbell, and Tim Miron, this powerhouse group has built a legacy of excellence. With four consecutive Grand CENTURION® awards under their belt and rankings of #12 in Canada by units sold and #17 by production in 2024, their results speak volumes.

In the episode, the team shares the secrets behind their success—from the importance of building strong client relationships to the systems and strategies that keep them performing at the top year after year. Their story is a testament to what’s possible when teamwork, dedication, and passion come together.

Whether you’re an experienced agent or just starting out, this episode is packed with practical tips and inspiration to help you take your business to the next level.

In The Community 24 February 2025

CENTURY 21 SYSTEM RAISES MORE THAN $2.6 MILLION FOR EASTERSEALS IN 2024 BRINGING LIFETIME SUPPORT TO $141 MILLION

MADISON, N.J. (February 24, 2025) — Today, Century 21 Real Estate LLC announced that in 2024 the CENTURY 21® System raised more than $2.6 million for Easterseals, one of America’s leading disability and community services organizations that for more than 100 years has worked tirelessly to enhance quality of life and expand access to healthcare, education, employment, and transportation and mobility for people with disabilities, older adults, veterans, and their families. The CENTURY 21 network’s independent franchises and real estate professionals have collaborated in markets across the United States and Canada to raise $141 million since this philanthropic relationship began in 1979.

 

“As we celebrate the 46-year relationship between the CENTURY 21 brand and Easterseals, I am filled with immense pride and gratitude,” said Greg Sexton, Chief Operating Officer of Century 21 Real Estate LLC and member of the Easterseals National Board of Directors. “This enduring collaboration is a testament to our shared commitment to making a positive impact in the communities we serve. Over the decades, the combined efforts of the CENTURY 21 network of dedicated real estate professionals alongside local Easterseals Affiliates have empowered countless individuals with disabilities to achieve greater independence and live fuller lives. Together, we will continue to champion inclusivity and support for all, ensuring that everyone has the opportunity to thrive.”

 

Easterseals President and CEO Kendra Davenport said: “The CENTURY 21 brand’s comprehensive support of Easterseals is truly amazing and we are so grateful for our long-standing relationship. From annual fundraising campaigns to unique charity events, brokers and agents affiliated with the CENTURY 21 brand across North America are playing a crucial role in our mission to create a world where people with disabilities can lead full lives. They are helping us address the evolving needs of people with disabilities in thousands of communities.”

 

In 2024, for the 27th consecutive year, the top Easterseals fundraiser from the CENTURY 21 System was CENTURY 21 Professionals (formerly CENTURY 21 Town & Country) based in Utica, Michigan. The brokerage raised nearly $1.5M through various fundraising activities throughout the year.

 

This year, 11 of the Top 21 CENTURY 21® System fundraisers are Canadian firms, led by CENTURY 21 B.J. Roth Realty Ltd. Brokerage in Ontario.

 

The “Top 21” North American Fundraisers for Easterseals in 2024 were:

  1. CENTURY 21 Professionals (formerly CENTURY 21 Town & Country), Utica, Michigan
  2. CENTURY 21 B.J. Roth Realty Ltd. Brokerage, Barrie, Ontario, Canada
  3. CENTURY 21 Millennium Inc. Brokerage, Brampton, Ontario, Canada
  4. CENTURY 21 Foothills Real Estate, High River, Alberta, Canada
  5. CENTURY 21 Judge Fite Company, Dallas, Texas
  6. CENTURY 21 North Homes Realty, Lynnwood, Washington
  7. CENTURY 21 Scheetz, Carmel, Indiana
  8. CENTURY 21 Fusion, Saskatoon, Saskatchewan, Canada
  9. CENTURY 21 Frontier Realty, McMurray, Pennsylvania
  10. CENTURY 21 Advantage Gold, Southampton, Pennsylvania
  11. CENTURY 21 Bachman & Associates, Winnipeg, Manitoba, Canada
  12. CENTURY 21 Leading Edge Realty Inc. Brokerage, Markham, Ontario, Canada
  13. CENTURY 21 Assurance Realty Ltd., Kelowna, British Columbia, Canada
  14. CENTURY 21 Tenace Realty, Coral Springs, Florida
  15. CENTURY 21 Novus, Carrollton, Georgia
  16. CENTURY 21 Trident Realty Ltd., Westphal, Nova Scotia, Canada
  17. CENTURY 21 Heritage House Ltd. Brokerage, Woodstock, Ontario, Canada
  18. CENTURY 21 Real Estate Center, Lynwood, Washington
  19. CENTURY 21 Lakeside Realty, Youngstown, Ohio
  20. CENTURY 21 Dome Realty Inc., Regina, Saskatchewan, Canada
  21. CENTURY 21 Bamber Realty Ltd., Calgary, Alberta, Canada

 

The CENTURY 21 brand is looking forward to hosting its third annual International Week of Giving, July 28 – August 1, 2025, during which it will showcase philanthropic activities and fundraising efforts conducted by its global network of affiliates supporting communities across the country and around the world.

 

About Easterseals

Easterseals empowers people to live independent, full lives. The organization makes a lasting difference in the lives of 1.5 million people each year by providing essential services to children and adults with disabilities, older adults, veterans, and their families. Its national network of 70 Affiliates is trusted to provide programs customized to meet the needs of each community they serve from coast-to-coast—trust earned for more than 100 years. They positively shape perceptions and address the evolving needs of more than one in four Americans with disabilities through public education, policy, and advocacy. That’s their impact. In thousands of communities across America. To learn more, visit Easterseals.com or follow the organization’s social media accounts.

Consumer News 22 July 2024

Price Per Square Foot Survey 2024

Canadian home prices largely stable, with some smaller communities, ‘burbs, and AB seeing increases

Annual Price per Square Foot survey looks at prices back to 2018 for almost 50 communities

 

Vancouver (July 22, 2024) – Canadian housing prices per square foot generally held steady in the first half of this year, with some notable exceptions indicating families continue to migrate to more affordable communities both nearby and across provincial borders.

 

CENTURY 21 Canada’s eighth annual Price per Square Foot survey compares the price per square foot of properties sold in almost 50 communities between January 1 and June 30 this year to the same period of previous years. In many cases it has data going back to 2018 for both metro centers and smaller communities.

 

The report reveals that prices in Ontario, BC, and Atlantic Canada remained largely steady this year, with gains in some smaller markets and suburbs while downtown condo prices declined indicating continued migration away from metro cores. Alberta bucked the trend with significant price increases in a number of markets including Calgary and Edmonton – but to prices per square foot still well below those in BC, Quebec, and Ontario. The Prairies also saw price increases, but at a more modest pace.

 

Major city condo markets outside of Alberta all saw modest dips in price per square foot, while those in Alberta rose – by more than 17 per cent in Calgary and almost 10 per cent in Edmonton. Condo prices in High River topped the increases at more than 22 per cent, but to a relatively affordable $285 a square foot. That compares to $421 in Calgary (up 17.6 per cent), $1,113 in downtown Vancouver (down 1.7 per cent), $706 in downtown Toronto (down 4.5 per cent), and $672 in downtown Montreal (down 11.9 per cent). Vancouver continues to have the highest prices in Canada, while the Prairies and Atlantic Canada have the most affordable.

 

Looking back over the history of the survey, even with some declines over the last couple of years pricing has not fallen below 2021 levels in any included market. During COVID, 2021 saw significant price surges and set a new benchmark in markets coast-to-coast. For the most part, prices remain well above pre-COVID average.

 

Sales volumes across Canada have declined from the brisk market of 2021 and 2022, especially in larger cities.

 

“A number of our brokers are experiencing a slower market when compared to the conditions of just two years ago,” says Todd Shyiak, Executive Vice President of CENTURY 21 Canada. “While across the Prairies and Atlantic provinces the market is quite active and balanced, increasing inventory and hesitant buyers in the GTA and the lower mainland (Vancouver and area) are resulting in a ‘wait and see’ market. With the next possible rate cut coming on July 24th buyers may be extending their ‘wait and see’ approach until the fall.”

 

Shyiak says that inventory and interest rates will likely be major factors in prices going forward, as sellers may hold off on putting their homes on the market in response to a hesitant buyer base waiting for interest rates to fall.

 

“Ultimately, we don’t know what the next six months holds for our housing prices, but it’s important not to get too focused on any single year and look at each data point within the larger context of ever-evolving trends. That’s why this survey becomes more valuable year-over-year, because it allows us to see the big picture of Canadian housing.”

 

Regional highlights:

Price Per Square Foot Survey 2024 - Atlantic

Atlantic Canada

Prices in Atlantic Canada have continued to see growth, but generally at a far more moderate pace compared to recent years. The sharp rise of Halifax condo prices seen in recent years stopped this year, with no change in price since last year. St. John’s, NL was an exception, with double-digit price growth continuing a steady upward trend that started in 2021. Moncton, NB also bucked this trend with a sharp 20 per cent rise in detached home prices, but to prices per square foot still among the lowest in Canada.  Both are smaller markets feeling the boost of immigration both from abroad and within Canada. Along with the Prairies, Atlantic Canada continues to be the most affordable region in Canada, per square foot.

 

“We’re definitely feeling the change in the market, some areas of the region listing inventory is down while in others it is up. Prices are still trending up at various degrees and there are still families looking to make their home here,” says Joel Ives, Broker at CENTURY 21 Colonial Realty in Charlottetown. “I think we’re going to be able to weather these market conditions because we still have the advantage of affordability compared to the bigger markets.”

 

Price Per Square Foot Survey 2024 - BC

British Columbia

Though BC prices were stable overall for the first two-quarters of 2024 several Metro Vancouver suburbs saw price increases while Vancouver condo prices fell modestly, anecdotally due to families continuing to migrate from the city core to more affordable markets that offer more space. Vancouver east side houses went up almost 18 per cent in price to $977 per square foot, a rebound from a price decrease last year and well below the price per square foot of west side and downtown properties. West Vancouver, North Vancouver, Burnaby, Richmond, Delta, White Rock/South Surrey all saw increases this year as well – most of them modest, and a rebound from last year’s declines. Fraser Valley prices were stable.

 

In BC’s interior Kelowna’s market looks to have finally cooled after years of steady growth going back to 2019. Vernon is new to the report this year, with rates somewhat below those in Kelowna.

 

“A lot stayed the same this year, and it’s preferable to the alternative,” says CENTURY 21 Creekside owner Cameron Van Klei in Chilliwack. “We’re not seeing any signs of a huge turn, but it has been sluggish and we’re seeing the inevitable slowdown from the boom market of 2021.”

 

Price Per Square Foot Survey 2024 - Quebec

Quebec

After several years of sharp increases Montreal condo prices have declined by approximately 11 per cent. Conversely, detached homes have risen by a similar amount, which could tell a story of younger folks looking to upgrade to more space without moving out of the major metro area.

 

Price Per Square Foot Survey 2024 - Ontario

Ontario

Ontario was largely stable across the board, with the exception of a double-digit drop in Windsor detached house prices. That decrease follows a surge last year, returning the community to prices more in line with 2020 – 2022. The GTA saw little change, with the Toronto downtown condo market dipping by roughly 4.5 per cent. This drop builds on a sharp decline last year.

Sault Ste. Marie is new to the survey this year, and has the lowest PPSF for both condos and detached homes in the province. “We’re excited to see where the results of his survey take us,” says CENTURY 21 Choice Realty owner James Caicco in Sault Ste. Marie. “Our community is growing quickly and we’re sure that year-over-year trends will show just how many people have chosen to make Sault Ste. Marie their home.

 

Price Per Square Foot Survey 2024 - Prairies

Prairies

Overall, prices in the prairies were up in the single digits. Condo prices rose as the larger cities in the region continue to grow, with Regina condos seeing the largest gain at 16 per cent with smaller gains throughout the rest of the province. Only Brandon condos trended downwards, but at a very modest 0.85 per cent. Prairie prices remain among the most affordable in Canada.

 

Price Per Square Foot Survey 2024 - Alberta

Alberta

Alberta bucked the national trend, with prices increasing briskly in numerous markets. Even with the increases Alberta prices remain well below those in neighboring BC, as well as Ontario and Quebec. The price increases tell a story of migration – Canadians moving to Alberta, in particular smaller communities where property prices remain moderate. Calgary prices continue to grow, with young professionals pushing condo prices up 17 per cent from last year.

 

CENTURY 21 Canada’s annual survey of data on the price per square foot (PPSF) of properties gathers and compares sales data from its franchises across Canada from January 1 to June 30 of each year. By looking at the price per square foot at the same time each year the firm is able to get a good idea of how prices have changed over time for similar properties. This year’s survey compares 2023 prices with this year’s results.

 

Price Per Square Foot Survey Results 2024

ALBERTA HOUSE TYPE 2018 2019 2020 2021 2022 2023 2024 % Change from 2023
Calgary House $341 $325 $320 $355 $396 $419 $470 12.17%
Calgary Condo $329 $317 $296 $303 $326 $358 $421 17.60%
Edmonton Detached House $288 $272 $268 $284 $297 $309 $317 2.59%
Edmonton Duplex $275 $256 $250 $270 $287 $292 $303 3.77%
Edmonton Condo $231 $220 $206 $217 $222 $204 $224 9.80%
High River Detached House $193 $215 $237 $271 $307 $334 $382 14.37%
High River Condo N/A $241 $173 $176 $223 $233 $285 22.32%
Okotoks Detached House N/A $238 $254 $283 $338 $362 $394 8.84%
Okotoks Condo N/A $254 $211 $219 $251 $288 $323 12.15%
Red Deer Detached House $276 $262 $252 $289 $293 $294 $325 10.54%
Red Deer Townhouse N/A N/A N/A $207 $214 $226 $222 -1.77%
St. Albert Detached House $287 $271 $269 $289 $322 $317 $322 1.58%
St. Albert Condo $239 $223 $211 $251 $238 $259 $255 -1.54%
St. Albert Duplex $262 $272 $278 $280 $325 $347 $301 -13.26%

 

BRITISH COLUMBIA HOUSE TYPE 2018 2019 2020 2021 2022 2023 2024 % Change from 2023
Chilliwack Detached House $297 $294 $288 $406 $515 $419 $427 1.91%
Chilliwack Townhouse $267 $249 $250 $318 $425 $359 $379 5.57%
Chilliwack Condo/ Apartment $283 $290 $270 $351 $473 $443 $437 -1.35%
Kelowna Detached House $283 $274 $280 $368 $463 $413 $417 0.97%
Kelowna Half Duplex $247 $260 $263 $320 $402 $362 $393 8.56%
Kelowna Townhouse $292 $287 $302 $365 $452 $422 $422 0.00%
Kelowna Apartment $345 $348 $334 $411 $526 $491 $482 -1.83%
Vancouver Detached House $856 $769 $816 $975 $1,177 $978 $890 -9.00%
Vancouver, Downtown Condo $856 $769 $1,060 $1,053 $1,133 $1,132 $1,113 -1.68%
Vancouver, East side Detached House $721 $647 $672 $877 $957 $829 $977 17.85%
Vancouver, West Side Detached House $1,147 $990 $1,004 $1,208 $1,421 $1,149 $1,161 1.04%
Burnaby Detached House $599 $551 $579 $688 $795 $879 $900 2.39%
West Van Detached House $899 $738 $734 $971 $1,038 $930 $1,037 11.51%
Richmond Detached House $677 $598 $608 $722 $831 $773 $831 7.50%
Delta North Detached House $423 $400 $413 $570 $716 $594 $618 4.04%
North Vancouver Detached House $681 $613 $690 $794 $910 $817 $937 14.69%
White Rock/South Surrey Detached House $506 $472 $435 $625 $795 $627 $724 15.47%
Victoria Detached House N/A N/A N/A $558 $592 $602 $567 -5.81%
Victoria Townhouse N/A N/A N/A $457 $583 $553 $452 -18.26%
Victoria Condo N/A N/A N/A $659 $676 $723 $694 -4.01%

 

ATLANTIC HOUSE TYPE 2018 2019 2020 2021 2022 2023 2024 % Change from 2023
Charlottetown Detached House $147 $165 $178 $211 $245 $235 $252 7.23%
Fredericton Detached House N/A $99 $123 $147 $170 $196 $196 0.00%
Halifax Detached House $155 $162 $170 $281 $408 $398 $414 4.02%
Halifax Condo $228 $239 $270 $291 $450 $467 $467 0.00%
Moncton Detached House $101 $106 $124 $142 $173 $197 $237 20.30%
Saint John Detached House N/A $111 $123 $134 $163 $192 $186 -3.13%
St. John’s Detached House N/A $132 $135 $149 $167 $167 $272 62.87%
St. John’s Condo N/A $174 $116 $182 $212 $205 $234 14.15%

 

PRAIRIES HOUSE TYPE 2018 2019 2020 2021 2022 2023 2024 % Change from 2023
Regina Detached House $254 $246 $237 $250 $284 $275 $290 5.17%
Regina Condo $236 $213 $205 $205 $194 $189 $227 16.74%
Saskatoon Detached House $270 $263 $263 $314 $336 $344 $370 7.03%
Saskatoon Condo $208 $213 $217 $216 $219 $226 $247 8.50%
Winnipeg Detached House $282 $243 $244 $293 $315 $291 $302 3.64%
Winnipeg Condo $261 $220 $223 $234 $254 $249 $271 8.12%
Winnipeg Attached N/A $202 $210 $241 $269 $258 $272 5.15%
Brandon Detached House $248 $246 $248 $271 $276 $276 $291 5.15%
Brandon Condo $196 $204 $204 $203 $243 $236 $234 -0.85%

 

ONTARIO HOUSE TYPE 2018 2019 2020 2021 2022 2023 2024 % Change from 2023
Barrie Detached House $283 $350 $350 $378 $503 $576 $579 0.52%
Bradford Detached House $286 $345 $358 $410 $580 $535 $530 -0.93%
Cambridge Detached House $332 $355 $388 $450 $625 $568 $568 0.00%
Cambridge Condo $344 $347 $367 $435 $716 $514 $530 3.11%
Cambridge Townhouse $282 $317 $341 $474 $616 $490 $500 2.04%
Grey Bruce Detached House $175 $182 $195 $357 $455 $406 $415 2.22%
Guelph Detached House $397 $409 $443 $483 $690 $627 $618 -1.44%
Guelph Condo $374 $402 $423 $511 $777 $482 $480 -0.41%
Guelph Duplex $348 $362 $400 $451 $648 $523 $525 0.38%
Guelph Townhouse $311 $335 $364 $433 $641 $580 $573 -1.21%
Hamilton Detached House $362 $378 $406 $532 $553 $523 $509 -2.68%
Hamilton Townhouse $257 $350 $343 $453 $538 $508 $507 -0.20%
Kitchener Detached House $339 $359 $400 $430 $618 $610 $605 -0.82%
Kitchener Townhouse N/A $323 $342 $435 $576 $487 $490 0.62%
Kitchener Condo $328 $362 $399 $483 $800 $516 $491 -4.84%
London Detached House $191 $237 $250 $362 $466 $466 $463 -0.64%
Markham Detached House N/A N/A $485 $557 $685 $841 $822 -2.26%
Niagara Falls Detached House N/A $275 $300 $390 $531 $514 $505 -1.75%
Newmarket Detached House N/A $372 $510 $505 $516 $704 $693 -1.56%
Ottawa Detached House $225 $258 $313 $429 $465 $587 $607 3.41%
Ottawa Townhouse N/A N/A N/A $392 $451 $566 $534 -5.65%
Ottawa Condo $442 $485 $577 $479 $583 $538 $550 2.23%
Owen Sound Detached House $145 $158 $167 $312 $380 $361 $362 0.28%
Richmond Hill Detached House $445 $465 $522 $520 $665 $813 $806 -0.86%
Sault Ste. Marie Detached House $298
Sault Ste. Marie Condo $328
St. Catharines Detached House $310 $290 $330 $400 $612 $528 $523 -0.95%
Toronto, Downtown Condo $903 $994 $1,083 $956 $1,217 $739 $706 -4.47%
Vaughn Detached House $434 $503 $548 $612 $695 $772 $776 0.52%
Waterloo Detached House N/A $372 $407 $421 $613 $603 $601 -0.33%
Waterloo Townhouse N/A $324 $344 $408 $641 $486 $489 0.62%
Waterloo Condo N/A $402 $411 $503 $777 $525 $498 -5.14%
Windsor Detached House N/A $372 $407 $295 $306 $469 $364 -22.39%

 

QUEBEC HOUSE TYPE 2018 2019 2020 2021 2022 2023 2024 % Change from 2023
Montreal, Downtown and SW Condo $567 $709 $805 $935 $935 $763 $672 -11.93%
Montreal, Downtown and SW Detached House $603 $674 $958 $1,350 $1,357 $880 $972 10.45%
12 February 2024

CENTURY 21 SYSTEM RAISES NEARLY $3.1 MILLION FOR EASTERSEALS IN 2023 BRINGING LIFETIME SUPPORT TO $138.5 MILLION

CENTURY 21 COO Greg Sexton Appointed to Easterseals Board of Directors Further Enhancing Brand’s Commitment to the Organization

MADISON, N.J. (February 12, 2024) — Today, Century 21 Real Estate LLC announced that in 2023 the CENTURY 21® System raised more than $3 million for Easterseals, one of America’s largest nonprofit healthcare organizations that for more than 100 years has worked tirelessly with its partners to enhance quality of life and expand access to healthcare, education, employment, and transportation and mobility for millions of people with disabilities, including veterans and seniors. This includes the more than $60,000 raised during the brand’s first-ever International Week of Giving in July 2023. The CENTURY 21 network’s independent franchisees and affiliated relentless sales professionals have collaborated to raise $138.5 million since this philanthropic partnership began in 1979.

“For the CENTURY 21 Brand, giving back to the communities our system members serve every day has always been an integral part of who we are as a brand and our 45-year-long commitment to Easterseals is a true testament to that,” said Greg Sexton, COO of Century 21 Real Estate LLC who this past year was appointed to the Easterseals National Board of Directors. “I am so proud of the relentless efforts of CENTURY 21 affiliated brokers and agents across the country as they not only raise money but drive awareness for the important work of this remarkable organization. I’m excited to continue working even more closely with Kendra Davenport and the entire leadership team as we continue to elevate this relationship and truly make an impact for this community.”

“Easterseals’ relationship with the CENTURY 21 Brand is unique and powerful,” said Kendra E. Davenport, President and CEO, Easterseals. “CENTURY 21 System members are truly dedicated to Easterseals and our mission. We are fortunate to benefit from their integrity and commitment. CENTURY 21 affiliated brokers and agents across North America are helping Easterseals lead the way to full equity, inclusion, and access through life-changing disability and community services. We are thrilled to have Greg Sexton join our National Board of Directors and I look forward to building upon our 45-year relationship.”

In 2023, for the tenth consecutive year, the top two Easterseals fundraisers from the CENTURY 21 System were:

  1. CENTURY 21 Town & Country; Utica, Michigan
  2. CENTURY 21 Judge Fite Company; Dallas, Texas

This is the 27th straight year that CENTURY 21 Town & Country has held the top spot among brokerages for fundraising efforts to benefit Easterseals.

This year, 13 of the Top 21 CENTURY 21® System fundraisers are Canadian firms, led by CENTURY 21 Foothills Real Estate in Alberta. The “Top 21” North American Fundraisers for Easterseals in 2023 were:

  1. CENTURY 21 Town & Country, Utica, Michigan
  2. CENTURY 21 Judge Fite Company, Dallas, Texas
  3. CENTURY 21 Foothills Real Estate, High River, Alberta, Canada
  4. CENTURY 21 Millennium Inc. Brokerage, Brampton, Ontario, Canada
  5. CENTURY 21 B.J. Roth Realty Ltd. Brokerage, Barrie, Ontario, Canada
  6. CENTURY 21 Fusion, Saskatoon, Saskatchewan, Canada
  7. CENTURY 21 Assurance Realty Ltd., Kelowna, British Columbia, Canada
  8. CENTURY 21 Scheetz, Carmel, Indiana
  9. CENTURY 21 North Homes Realty, Lynnwood, Washington
  10. CENTURY 21 Leading Edge Realty Inc. Brokerage, Markham, Ontario, Canada
  11. CENTURY 21 Green Realty Inc. Brokerage, Mississauga, Ontario, Canada
  12. CENTURY 21 Frontier Realty, McMurray, Pennsylvania
  13. CENTURY 21 Advantage Gold, Southampton, Pennsylvania
  14. CENTURY 21 Heritage House Ltd. Brokerage, Woodstock, Ontario, Canada
  15. CENTURY 21 Bamber Realty Ltd., Calgary, Alberta, Canada
  16. CENTURY 21 Bachman & Associates, Winnipeg, Manitoba, Canada
  17. CENTURY 21 Dome Realty Inc., Regina, Saskatchewan, Canada
  18. CENTURY 21 Tenace, Coral Springs, Florida
  19. CENTURY 21 Novus, Carrollton, Georgia
  20. CENTURY 21 Trident Realty Ltd., Westphal, Nova Scotia, Canada
  21. CENTURY 21 Executives Realty Ltd., Vernon, British Columbia, Canada

A reception recognizing the achievement of the “Top 21” offices will be held on March 4th during the brand’s 2024 global conference, the One21® Experience, in Las Vegas, Nevada.

The CENTURY 21 brand is looking forward to hosting its second annual International Week of Giving, July 24 -28, 2024, during which it will showcase philanthropic activities and fundraising efforts conducted by its global network of affiliates supporting communities across the country and around the world.

 

About Easterseals

Easterseals is leading the way to full equity, inclusion, and access through life-changing disability and community services. Trusted by families for more than 100 years, the organization has worked tirelessly with its partners to enhance quality of life and expand local access to healthcare, education, employment, and transportation. And we won’t rest until every one of us is valued, respected, and accepted. Through its national network of Affiliates, Easterseals provides essential services and on-the-ground supports each year to 1.5 million children and adults with disabilities, including veterans and older adults – from early childhood programs for the critical first five years to autism services, medical rehabilitation and employment programs, transportation and mobility services, veterans’ programs, and more. The organization’s public education, policy, and advocacy initiatives positively shape perceptions and address the urgent and evolving needs of one in four Americans with disabilities today. Together, they’re empowering people with disabilities, families, and communities to be full and equal participants in society. To learn more, visit www.easterseals.com.

Consumer NewsConsumer NewsConsumer News 2 August 2023

Price Per Square Foot Survey 2023

Interest rate hikes prompt modest decline in Canadian home prices, but no freefall in sight, impact uneven

Vancouver (Aug 2, 2022) – Canadian housing prices have fallen with rising interest rates, but when looking back over even just two years remain on a long-term upward trend. Even then, the situation is uneven. The hot housing markets of the biggest city centres are seeing lower condo prices but smaller markets are seeing price per square foot growth, especially in single-family homes. Alberta bucked the trend and experienced price increases in many markets this year, while other Prairie provinces held steady. BC saw the most significant price declines.

The seventh annual Price per Square Foot survey is being released by CENTURY 21 Canada, comparing the price per square foot of properties sold between January 1 and June 30 this year to the same period of previous years.

Notably, most markets that did experience price declines from last year remained roughly equivalent to their 2021 benchmarks and well above earlier years. This year’s survey offers data going back to 2018 for numerous communities coast-to-coast.

“We knew that the market had to come down from the highs of the last few years, and we’re now fully seeing the effects of the interest rate growth that started last year,” says Todd Shyiak, Executive Vice President of CENTURY 21 Canada. “But we have to look at these numbers within the larger context. The fact that we haven’t dipped to pre-pandemic levels shows that homes are still in demand, and we continue to see growth in smaller markets as more families seek a lower cost of living.”

Prices had reached low points in January but steadily climbed over the spring, though many markets didn’t manage to regain their 2022 levels. Condos in Vancouver, Toronto and Montreal all saw declines, while detached homes across small Ontario cities rose, as did those in Atlantic Canada, indicating families seeking space. New Brunswick is emerging as a leader in Atlantic Canadian growth. Results from the 2021 census showed that Moncton, Fredericton and St. John are seen as popular locations for immigrants, and the results from this year’s PPSF survey indicate that trend has continued.

Shyiak says that inventory will play a major factor in prices going forward, as sellers may hold off on putting their homes on the market in response to a hesitant buyer base. “Ultimately, we don’t know what the next six months holds for our housing prices, but it’s important not to get too focused on any single year and look at each data point within the larger context of ever evolving trends. That’s why this survey becomes more valuable year-over-year, because it allows us to see the big picture of Canadian housing.”

 

Regional highlights:

Atlantic Canada

Prices in Atlantic Canada have continued to rise as Canadians from expensive urban markets seek a lower cost of living. For the first year since this survey started Halifax has lost its crown as the market with the steepest rise as condos in that city saw the smallest increase in the region after a sharp double-digit increase last year. Detached homes in Fredericton, Moncton and St. John’s all saw double-digit increases.

“Families are finding this to be a great place to settle down. We’ve been seeing these trends for years but post-2020 is when it really took off,” says Paul Burns, Manager at CENTURY 21 A&T Countryside Realty. “Interest rates may have slowed the market down slightly, but I’m confident New Brunswick especially will continue to grow.”

 

British Columbia Alberta Price Per Square Foot 2023

British Columbia

The steep prices throughout BC seem to have finally reached their cooling point, with the province seeing the steepest price declines but generally to levels still at or above those from 2021. Even then, Vancouver boasts some of the most expensive price per square foot dwellings in Canada, and prices of both detached houses and condos in the surrounding suburbs remain comparatively high.

Cities farther from the metropolitan core such as Chilliwack and Kelowna have also seen dips, though prices climbed throughout the spring to remain above 2021 levels. The only BC region to see growth was Victoria, possibly indicating more Lower Mainlanders searching across the water for cheaper real estate.

 

Quebec Price Per Square Foot 2023

Quebec

Like the other Canadian metropolises, Montreal saw a dip in the price of condos and detached homes, but unlike Vancouver and Toronto the decline was modest and in the single digits. “A lot of young buyers like Montreal, and that’s helped keep the markets here relatively stable,” says Mohamad Al-Hajj, owner of CENTURY 21 Immo-Plus. “We’ll keep an eye on how the rest of the year goes, but it does look like things will remain steady.”

 

Ontario Price Per Square Foot 2023

Ontario

Canada’s most populous province saw a wide range of change throughout, from declines to rises all over the map. Toronto condos remain expensive at a PPSF of $1,013, though this is a 16 per cent drop from 2022 to a level roughly in line with 2021 and 2020 prices. However, cities like Niagara Falls and Cambridge saw their family home types gain in the double-digits, and they lead an overall trend of cities farther away from the GTA seeing growth in the price of single-family homes.

“The trend of families looking for space away from the downtown core continues,” says Eryn Richardson, owner of CENTURY 21 Heritage Group. “The changing interest rates definitely had an impact on the prices as buyers are more hesitant, but no single market has fallen dramatically and we’re still seeing a lot of growth.”

 

Prairies Price Per Square Foot 2023 

Prairies

The Prairies have remained relatively steady with minor gains and losses across the board. Saskatoon detached homes lead the pack at a PPSF of $344, a testament to families who come to the region for space and lower costs. Winnipeg, Brandon and Regina continue the trend, seeing their detached single family homes at $291, $276 and $275 respectively. The most significant decline was in Winnipeg, but even there detached homes fell just 7.62 per cent in price per square foot – the moderate change reflecting the stability of the region.

 

Alberta Price Per Square Foot 2023

Alberta

Overall, Alberta has seen the most growth over the past year, with consistent price per square foot gains in most markets. Growth was modest but steady over the first half of 2023, and regions that saw declines dipped no further than 2020 levels. Edmonton condos were among those to decline, a potential sign of younger and newer buyers being affected by rising interest rates.

However, condos in Okotoks rose 14 per cent in price, a good indication that smaller towns still have the potential to grow fast as buyers explore new options. Just north, Calgary saw a rise of 5.81 per cent in single-family homes and 9.82 per cent in condos, while Red Deer was largely unchanged.

“Alberta has really emerged as a viable option for a lot of buyers who are leaving the more expensive areas of BC. Buyers both young and established are finding homes that fit their needs,” says George Bamber, owner of CENTURY 21 Bamber Realty. “Not only are they getting cheaper housing, but they’re also finding vibrant and fast-growing communities that they can make their own.”

 

CENTURY 21 Canada’s annual survey of data on the price per square foot (PPSF) of properties gathers and compares sales data from its franchises across Canada from January 1 to June 30 of each year. By looking at the price per square foot at the same time each year the firm is able to get a good idea of how prices have changed over time for similar properties. This year’s survey compares 2022 prices with this year’s results.

See the full PPSF study results below.

ALBERTA House Type 2018 2019 2020 2021 2022 2023 % Change from 2022
Calgary House $341 $325 $320 $355 $396 $419 5.81%
Calgary Condo $329 $317 $296 $303 $326 $358 9.82%
Edmonton Detached House $288 $272 $268 $284 $297 $309 4.04%
Edmonton Duplex $275 $256 $250 $270 $287 $292 1.74%
Edmonton Condo $231 $220 $206 $217 $222 $204 -8.11%
High River Detached House $193 $215 $237 $271 $307 $334 8.79%
High River Condo N/A $241 $173 $176 $223 $233 4.48%
Okotoks Detached House N/A $238 $254 $283 $338 $362 7.10%
Okotoks Condo N/A $254 $211 $219 $251 $288 14.74%
Red Deer Detached House $276 $262 $252 $289 $293 $294 0.34%
Red Deer Townhouse N/A N/A N/A $207 $214 $226 5.61%
Red Deer Condo N/A N/A N/A $186 $194 $196 1.03%
Red Deer Duplex N/A N/A N/A N/A $269 $264 -1.86%
St. Albert Detached House $287 $271 $269 $289 $322 $317 -1.55%
St. Albert Condo $239 $223 $211 $251 $238 $259 8.82%
St. Albert Duplex $262 $272 $278 $280 $325 $347 6.77%

 

BRITISH COLUMBIA House Type 2018 2019 2020 2021 2022 2023 % Change from 2022
Chilliwack Detached House $297 $294 $288 $406 $515 $419 -18.64%
Chilliwack Townhouse $267 $249 $250 $318 $425 $359 -15.53%
Chilliwack Condo/ Apartment $283 $290 $270 $351 $473 $443 -6.34%
Kelowna Detached House $283 $274 $280 $368 $463 $413 -10.80%
Kelowna Half Duplex $247 $260 $263 $320 $402 $362 -9.95%
Kelowna Townhouse $292 $287 $302 $365 $452 $422 -6.64%
Kelowna Apartment $345 $348 $334 $411 $526 $491 -6.65%
Vancouver Detached House $856 $769 $816 $975 $1,177 $978 -16.91%
Vancouver, Downtown Condo $856 $769 $1,060 $1,053 $1,133 $1,132 -0.09%
Vancouver, East side Detached House $721 $647 $672 $877 $957 $829 -13.38%
Vancouver, West Side Detached House $1,147 $990 $1,004 $1,208 $1,421 $1,149 -19.14%
Burnaby Detached House $599 $551 $579 $688 $795 $725 -8.81%
West Van Detached House $899 $738 $734 $971 $1,038 $930 -10.40%
Vancouver, Richmond Detached House $677 $598 $608 $722 $831 $773 -6.98%
Delta North Detached House $423 $400 $413 $570 $716 $594 -17.04%
North Vancouver Detached House $681 $613 $690 $794 $910 $817 -10.22%
White Rock/South Surrey Detached House $506 $472 $435 $625 $795 $627 -21.13%
Victoria Detached House N/A N/A N/A $558 $592 $602 1.69%
Victoria Townhouse N/A N/A N/A $457 $583 $553 -5.15%
Victoria Condo N/A N/A N/A $659 $676 $723 6.95%

 

ATLANTIC House Type 2018 2019 2020 2021 2022 2023 % Change from 2022
Charlottetown Detached House $147 $165 $178 $211 $245 $235 -4.08%
Fredericton Detached House N/A $99 $123 $147 $170 $196 15.29%
Halifax Detached House $155 $162 $170 $281 $408 $398 -2.45%
Halifax Condo $228 $239 $270 $291 $450 $467 3.78%
Moncton Detached House $101 $106 $124 $142 $173 $197 13.87%
Saint John Detached House N/A $111 $123 $134 $163 $192 17.79%
St. John’s Detached House N/A $132 $135 $149 $167 $167 0.00%
St. John’s Condo N/A $174 $116 $182 $212 $205 -3.30%

 

PRAIRIES House Type 2018 2019 2020 2021 2022 2023 % Change from 2022
Regina Detached House $254 $246 $237 $250 $284 $275 -3.17%
Regina Condo $236 $213 $205 $205 $194 $189 -2.58%
Saskatoon Detached House $270 $263 $263 $314 $336 $344 2.38%
Saskatoon Condo $208 $213 $217 $216 $219 $226 3.20%
Winnipeg Detached House $282 $243 $244 $293 $315 $291 -7.62%
Winnipeg Condo $261 $220 $223 $234 $254 $249 -1.97%
Winnipeg Attached N/A $202 $210 $241 $269 $258 -4.09%
Brandon Detached House $248 $246 $248 $271 $276 $276 0.00%
Brandon Condo $196 $204 $204 $203 $243 $236 -2.88%

 

ONTARIO House Type 2018 2019 2020 2021 2022 2023 % Change from 2022
Barrie Detached House $283 $350 $350 $378 $503 $524 4.17%
Bradford Detached House $286 $345 $358 $410 $580 $617 6.38%
Cambridge Detached House $332 $355 $388 $450 $625 $670 7.20%
Cambridge Duplex $311 $331 $377 $527 $656 $757 15.40%
Cambridge Condo $344 $347 $367 $435 $716 $787 9.92%
Cambridge Townhouse $282 $317 $341 $474 $616 $575 -6.66%
Grey Bruce Detached House $175 $182 $195 $357 $455 $434 -4.62%
Guelph Detached House $397 $409 $443 $483 $690 $527 -23.62%
Guelph Condo $374 $402 $423 $511 $777 $740 -4.76%
Guelph Duplex $348 $362 $400 $451 $648 $691 6.64%
Guelph Townhouse $311 $335 $364 $433 $641 $605 -5.62%
Hamilton Detached House $362 $378 $406 $532 $553 $530 -4.16%
Hamilton Townhouse $257 $350 $343 $453 $538 $482 -10.41%
Kitchener Detached House $339 $359 $400 $430 $618 $610 -1.29%
Kitchener Semi-Detached N/A $341 $399 $460 $623 $632 1.44%
Kitchener Townhouse N/A $323 $342 $435 $576 $583 1.22%
Kitchener Condo $328 $362 $399 $483 $800 $838 4.75%
London Detached House $191 $237 $250 $362 $466 $384 -17.60%
Markham Detached House N/A N/A $485 $557 $685 $753 9.93%
Niagara Falls Bungalow N/A $336 $395 $475 $630 $746 18.41%
Niagara Falls Detached House N/A $275 $300 $390 $531 $606 14.12%
Newmarket Detached House N/A $372 $510 $505 $516 $536 3.88%
Ottawa Detached House $225 $258 $313 $429 $465 $502 7.96%
Ottawa Townhouse N/A N/A N/A $392 $451 $419 -7.10%
Ottawa Condo $442 $485 $577 $479 $583 $552 -5.32%
Owen Sound Detached House $145 $158 $167 $312 $380 $393 3.42%
Richmond Hill Detached House $445 $465 $522 $520 $665 $717 7.82%
St. Catharines Bungalow $385 $367 $425 $520 $589 $639 8.49%
St. Catharines Detached House $310 $290 $330 $400 $612 $636 3.92%
Toronto, Downtown Condo $903 $994 $1,083 $956 $1,217 $1,013 -16.76%
Vaughn Detached House $434 $503 $548 $612 $695 $687 -1.15%
Waterloo Detached House N/A $372 $407 $421 $613 $520 -15.17%
Waterloo Semi-detached N/A $357 $399 $439 $648 $663 2.31%
Waterloo Townhouse N/A $324 $344 $408 $641 $651 1.56%
Waterloo Condo N/A $402 $411 $503 $777 $831 6.95%
Windsor Detached House N/A $372 $407 $295 $306 $469 53.27%

 

QUEBEC House Type 2018 2019 2020 2021 2022 2023 % Change from 2022
Montreal, Downtown and SW Condo $567 $709 $805 $935 $935 $879 -5.99%
Montreal, Downtown and SW Detached House $603 $674 $958 $1,350 $1,357 $1,235 -8.99%
In The CommunityIn The CommunityIn The CommunityIn The Community 28 February 2023

CENTURY 21 Canada raises $945,000 in support of Easter Seals Canada

Vancouver, BC (February 2023) – The partnership between CENTURY 21 Canada and Easter Seals Canada continues to be successful, with the legacy real estate brand raising just over $945,000 in support of the non-profit. This brings the total amount raised over the past 40+ years to more than $14 million dollars.

Since 1979, CENTURY 21 Canada has been fundraising for Easter Seals, primarily supporting their summer camp program for kids and teens living with disabilities in Canada. Many of the network’s agents build fundraising into their business, with a portion of each transaction going towards a donation. In 2022, the brand recognized 89 members of their ‘Golden Heart Club’– agents who raise a minimum of $2,100 towards Easter Seals, the second highest number to reach this distinction in its history.

First-time Golden Heart Winner Krista Trask from CENTURY 21 Seller’s Choice in St. Johns, NL, credits part of her fundraising motivation to her visits to Easter Seals summer camps. “When you see the kids at these camps, you remember just why it’s so important to support them,” says Krista. “It’s such a good cause and when you work in a community, it’s important to find ways to give back and turn your business success into something more.”

Alongside individual efforts, many offices across the country find ways to fundraise together, hosting annual events that have become beloved community traditions. Cam Toews from CENTURY 21 Westman Realty in Brandon, MB, is one of the longest-running Golden Heart winners, having spent more than eight years helping host the office’s annual bonspiel. “We’ve been really lucky that there are so many people and other businesses who come out to support us and support a great cause year over year. If anybody feels they want to try this themselves, all they have to do is reach out, find sponsors, and remember that you’re working towards a great goal, which is to help kids.”

“We’ve got a really great partner in Easter Seals and I am so proud that our network recognizes how important it is to give back,” says Brian Rushton, Chief Operating Officer of CENTURY 21 Canada. “We’ve been fortunate to have a strong real estate market for the past couple of years, and that’s meant a lot of success for our offices and agents. And with that success comes a responsibility to give back in some way, and Easter Seals is a great cause. We look forward to working with them for many years to come.”

CENTURY 21 Canada surpassed their original fundraising goal for 2022 of $750,000 by 26%. CENTURY 21 B.J. Roth Realty in Ontario held the title of top fundraising company for the year, and the network has set its sights higher with a 2023 fundraising goal of $800,000. To learn more about CENTURY 21 Canada’s partnership with Easter Seals, visit www.c21kidstocamp.ca

Consumer NewsConsumer News 27 July 2022

Despite Interest Rate Hikes, National Home Prices see Steady Rises across The Country in First Half of The Year

Vancouver (July 27, 2022) – While interest rates have been on the rise for the past few months, the Canadian housing landscape continued to see pricing growth during the first six months of this year. Prices were up particularly in suburbs and smaller communities outside metropolitan centres as more condo owners seek homes outside of the expensive Greater Toronto Area and Vancouver centres.

The sixth annual Price Per Square Foot survey released today by CENTURY 21 Canada shows that real estate continued to be a strong market for the first half of the year, with long-term growth continuing despite higher interest rates and concerns about what that will mean for the industry in the immediate future. While some markets have cooled after the boom that occurred during the COVID-19 pandemic, prices overall have continued to remain elevated for the start of the year.

In its annual, nationwide study, CENTURY 21 Canada compared the price per square foot of properties sold between January 1 and June 30 this year to the same period last year and in previous years.

“We recognize the concerns that some might have because of interest rates, but the first half of 2022 showed growth in nearly every regional market in the country,” says Brian Rushton, Chief Operating Officer of CENTURY 21 Canada. “The highest point of the boom may have passed, but the trend is still towards higher prices, especially in suburbs where younger and first-time home buyers are looking to escape competitive metropolitan areas now that remote work has become more common. What will be interesting is to compare the data we’ve received from the first half of this year with the data we gather in 2023 to see how the rising rates impact the market for the next six months.”

After high prices in January across the board, prices saw market-typical fluctuations throughout the spring, with most markets experiencing slight downturns in June when the rate hikes came into effect. However, that has not stopped the demand for housing, particularly in the communities of Hamilton, Kitchener and Cambridge in Ontario and communities such as Chilliwack and Kelowna in BC. Atlantic Canada has also continued a sharp upward trend, with Halifax condos seeing a 54 per cent price increase in the first half of the year. Though the market may see a downturn across the board in the next six months, prices in these fast-growing smaller cities will still likely see double-digit growth in 2023, continuing the upward pressure seen over the past five years.

Rushton says that market trends are evolving rapidly as the full effect of the rate changes will come into effect in the latter half of 2022. “We don’t want to get ahead of ourselves, we’re going to keep seeing how the market performs and whether or not it cools down after the frenzy of the past year. With inflation on the rise, folks may be less able to purchase but even a slight dip would only take us to the level of a few years back, possibly the 2018-2019 period. Ultimately, there are still buyers who have been waiting for a cool down period so that they can enter the market at the best time.”

 

Regional highlights:

 

Alberta

Price Per Square Foot 2022 - Alberta

Moderate increases can be seen across regions in Alberta as investors from the GTA take advantage of growing smaller markets. While larger cities saw incremental growth, Okotoks and High River experienced double-digit increases, especially in their condo markets. The only decrease in this province can be found in St. Albert condos, though an increased PPSF in detached homes and duplexes indicate more families looking to grow in the suburbs.

 

Atlantic

Price Per Square Foot 2022 - Atlantic

Atlantic Canada was again a hot market this year for young and first-time buyers who have been unable to purchase in other, larger metros. Halifax condo prices continued their meteoric rise, with a heavy demand for detached homes not that far behind. Double-digit increases are seen throughout the region.

“Everyone is eager to find a place where they can put down roots, and once the remote work mandates from the pandemic became permanent, we haven’t seen any signs of this market slowing down in the first half of the year,” says David Yetman, Owner of CENTURY 21 All Points. “The biggest question for the next year will be if the supply can keep up with the demand. While prime interest rates have had a slowing effect, it is temporary, the current BoC rate is still extremely low and it bodes well for a healthy Halifax Regional Municipality (HRM) market going forward.”

 

British Columbia

Price Per Square Foot 2022 - British Columbia

Once again, BC real estate takes the top place as the most expensive market in the country, particularly in detached homes in Vancouver’s West Side. However, the high prices may see buyers moving away from the downtown core as condo prices have only seen a slight increase this year (though remains the second highest local market, with a PPSF of $1,283) while prices rose sharply in communities such as Kelowna and Chilliwack, where condos saw a 28 per cent and 35 per cent increase in price respectively in the first half of the year.

 

Quebec

The Montreal condo market has held steady over the past year, with no increase to their PPSF of $935/sf. With the change in interest rates, there is the possibility of younger buyers who have been looking east in the recent years choosing to remain in their home province should prices trend down.

“The next six months will be watched very carefully to see how buyers, especially younger buyers, react to the changing interest rates,” says Mohamad Al-Hajj, owner of CENTURY 21 Immo-Plus. “While some may wait to see if there are any more changes, other buyers may see an opportunity to not have to move away from their communities.”

 

Ontario

Price Per Square Foot 2022 - Ontario

More buyers are leaving the Greater Toronto Area to seek homes in the communities such as Waterloo, Guelph and Hamilton. Guelph now stands at $777/sq ft, and Cambridge condos aren’t far behind at $716/sq ft.

Communities farther outside the GTA also saw substantial increases. Barrie saw a double digit increase in its detached home prices, as did Grey Bruce. As for the city of Toronto, after a slight downturn this time last year, prices have once agent risen to be the second highest in the country.

 

Prairies

Price Per Square Foot 2022 - Prairies

The Prairies have seen a more modest growth in pricing than the rest of the country, but there have been rises across Manitoba and Saskatchewan. While Regina condo prices took a slight dip, the region’s detached homes are up by 13 per cent in the first six months of 2022. Winnipeg follows the trend, though at a lower growth rate of 11 per cent, and Saskatoon at seven per cent. Brandon may be an emerging market for younger buyers – while detached homes only saw a very slight single digit increase condos are up by nearly 20 per cent to $243/sq ft. Overall, prices in Prairie provinces have remained the steadiest over the past several years.

Price Per Square Foot 2022 - Northwest Territories

The upward trend of condos was even seen in Yellowknife, where a 14 per cent increase now sees the average apartment selling for $407/sq ft. More modest changes were seen across detached homes and townhouses, and only duplexes saw a small decrease.

CENTURY 21 Canada’s annual survey of data on the price per square foot (PPSF) of properties gathers and compares sales data from its franchises across Canada from January 1 to June 30 of each year. By looking at the price per square foot at the same time each year the firm is able to get a good idea of how prices have changed over time for similar properties. This year’s survey compares 2021 prices with this year’s results.

Price Per Square Foot 2022 - 10 Most Expensive Price Per Square Foot 2022 - 10 Least Expensive

See full PPSF study results below:

Price Per Square Foot 2022

ALBERTA

CITY HOUSE TYPE 2018 2019 2020 2021 2022 % Change from 2021
Calgary House $341 $325 $320 $355 $396 11.55%
Calgary Condo $329 $317 $296 $303 $326 7.59%
Edmonton Detached House $288 $272 $268 $284 $297 4.58%
Edmonton Duplex $275 $256 $250 $270 $287 6.30%
Edmonton Condo $231 $220 $206 $217 $222 2.30%
High River Detached House $193 $215 $237 $271 $307 13.28%
High River Condo N/A $241 $173 $176 $223 26.70%
Okotoks Detached House N/A $238 $254 $283 $338 19.43%
Okotoks Condo N/A $254 $211 $219 $251 14.61%
Red Deer Detached House $276 $262 $252 $289 $293 1.38%
Red Deer Townhouse N/A N/A N/A $207 $214 3.38%
Red Deer Condo N/A N/A N/A $186 $194 4.30%
Red Deer Duplex N/A N/A N/A N/A $269 N/A
St. Albert Detached House $287 $271 $269 $289 $322 11.42%
St. Albert Condo $239 $223 $211 $251 $238 -5.18%
St. Albert Duplex $262 $272 $278 $280 $325 16.07%

 

BRITISH COLUMBIA

CITY HOUSE TYPE 2018 2019 2020 2021 2022 % Change from 2021
Chilliwack Detached House $297 $294 $288 $406 $515 26.85%
Chilliwack Townhouse $267 $249 $250 $318 $425 33.65%
Chilliwack Condo/ Apartment $283 $290 $270 $351 $473 34.76%
Kelowna Detached House $283 $274 $280 $368 $463 25.82%
Kelowna Half Duplex $247 $260 $263 $320 $402 25.63%
Kelowna Townhouse $292 $287 $302 $365 $452 23.84%
Kelowna Apartment $345 $348 $334 $411 $526 27.98%
Vancouver Detached House $856 $769 $816 $975 $1,177 20.72%
Vancouver, Downtown Condo $856 $769 $816 $1,208 $1,283 6.21%
Vancouver, East side Detached House $721 $647 $672 $877 $957 9.12%
Vancouver, West Side Detached House $1,147 $990 $1,004 $1,208 $1,421 17.63%
Burnaby Detached House $599 $551 $579 $688 $795 15.55%
West Van Detached House $899 $738 $734 $971 $1,038 6.90%
Vancouver, Richmond Detached House $677 $598 $608 $722 $831 15.10%
Delta North Detached House $423 $400 $413 $570 $716 25.61%
North Vancouver Detached House $681 $613 $690 $794 $910 14.61%
White Rock/South Surrey Detached House $506 $472 $435 $625 $795 27.20%
Victoria Detached House N/A N/A N/A $558 $592 6.09%
Victoria Townhouse N/A N/A N/A $457 $583 27.57%
Victoria Condo N/A N/A N/A $659 $676 2.58%

 

ATLANTIC

CITY HOUSE TYPE 2018 2019 2020 2021 2022 % Change from 2021
Charlottetown Detached House $147 $165 $178 $211 $245 16.11%
Fredericton Detached House N/A $99 $123 $147 $170 15.65%
Halifax Detached House $155 $162 $170 $281 $408 45.20%
Halifax Condo $228 $239 $270 $291 $450 54.64%
Moncton Detached House $101 $106 $124 $142 $173 21.83%
Saint John Detached House N/A $111 $123 $134 $163 21.64%
St. John’s Detached House N/A $132 $135 $149 $167 12.08%
St. John’s Condo N/A $174 $116 $182 $212 16.48%

 

PRAIRIES

CITY HOUSE TYPE 2018 2019 2020 2021 2022 % Change from 2021
Regina Detached House $254 $246 $237 $250 $284 13.60%
Regina Condo $236 $213 $205 $205 $194 -5.37%
Saskatoon Detached House $270 $263 $263 $314 $336 7.01%
Saskatoon Condo $208 $213 $217 $216 $219 1.39%
Winnipeg Detached House $282 $243 $244 $293 $315 7.51%
Winnipeg Condo $261 $220 $223 $234 $254 8.55%
Winnipeg Attached N/A $202 $210 $241 $269 11.62%
Brandon Detached House $248 $246 $248 $271 $276 1.85%
Brandon Condo $196 $204 $204 $203 $243 19.70%

 

ONTARIO

CITY HOUSE TYPE 2018 2019 2020 2021 2022 % Change from 2021
Barrie Detached House $283 $350 $350 $378 $503 33.07%
Bradford Detached House $286 $345 $358 $410 $580 41.46%
Cambridge Detached House $332 $355 $388 $450 $625 38.89%
Cambridge Duplex $311 $331 $377 $527 $656 24.48%
Cambridge Condo $344 $347 $367 $435 $716 64.60%
Cambridge Townhouse $282 $317 $341 $474 $616 29.96%
Grey Bruce Detached House $175 $182 $195 $357 $455 27.45%
Guelph Detached House $397 $409 $443 $483 $690 42.86%
Guelph Condo $374 $402 $423 $511 $777 52.05%
Guelph Duplex $348 $362 $400 $451 $648 43.68%
Guelph Townhouse $311 $335 $364 $433 $641 48.04%
Hamilton Detached House $362 $378 $406 $532 $553 3.95%
Hamilton Townhouse $257 $350 $343 $453 $538 18.76%
Kitchener Detached House $339 $359 $400 $430 $618 43.72%
Kitchener Semi-Detached N/A $341 $399 $460 $623 35.43%
Kitchener Townhouse N/A $323 $342 $435 $576 32.41%
Kitchener Condo $328 $362 $399 $483 $800 65.63%
London Detached House $191 $237 $250 $362 $466 28.73%
Markham Detached House N/A N/A $485 $557 $685 22.98%
Niagara Falls Bungalow N/A $336 $395 $475 $630 32.63%
Niagara Falls Detached House N/A $275 $300 $390 $531 36.15%
Newmarket Detached House N/A $372 $510 $505 $516 2.18%
Ottawa Detached House $225 $258 $313 $429 $465 8.39%
Ottawa Townhouse N/A N/A N/A $392 $451 15.05%
Ottawa Condo $442 $485 $577 $479 $583 21.71%
Owen Sound Detached House $145 $158 $167 $312 $380 21.79%
Richmond Hill Detached House $445 $465 $522 $520 $665 27.88%
St. Catharines Bungalow $385 $367 $425 $520 $589 13.27%
St. Catharines Detached House $310 $290 $330 $400 $612 53.00%
Toronto, Downtown Condo $903 $994 $1,083 $956 $1,217 27.30%
Vaughn Detached House $434 $503 $548 $612 $695 13.56%
Waterloo Detached House N/A $372 $407 $421 $613 45.61%
Waterloo Semi-detached N/A $357 $399 $439 $648 47.61%
Waterloo Townhouse N/A $324 $344 $408 $641 57.11%
Waterloo Condo N/A $402 $411 $503 $777 54.47%
Windsor Detached House N/A $372 $407 $295 $306 3.73%

 

QUEBEC

CITY HOUSE TYPE 2018 2019 2020 2021 2022 % Change from 2021
Montreal, Downtown and SW Condo $567 $709 $805 $935 $935 0.00%
Montreal, Downtown and SW Detached House $603 $674 $958 $1,350 $1,357 0.52%

 

NORTHWEST TERRITORIES

CITY HOUSE TYPE 2018 2019 2020 2021 2022 % Change from 2021
Yellowknife Detached House N/A N/A $277 $312 $315 0.96%
Townhouse N/A N/A $265 $260 $276 6.15%
Manufactured N/A N/A $267 $290 $311 7.24%
Apartment N/A N/A $347 $357 $407 14.01%
Duplex N/A N/A $306 $343 $336 -2.04%

 

View Pirce Per Square Foot 2021 and Price Per Square Foot 2020

 

How the information was gathered by CENTURY 21 Canada
CENTURY 21 franchisees were asked to help come up with the average price-per-square-foot in their market. However, calculating a precise number is not an exact science as every office and province tracks statistics slightly differently. As a result, most have used the median price and square footage in their market in sales from January 1 – June 30, 2022. Each franchisee has confirmed that the numbers provided are an accurate representation of the trends market.

 

For more information please contact:
Peak Communicators
Shawn Hall
Phone: (604) 619-7913
Email: shawn@apogeepr.ca

In The Community 7 June 2022

CENTURY 21 Broker Vanessa Oake Hogan named to Business Hall of Fame

Peterborough, O.N. (June 2022) – CENTURY 21 United Realty Inc. owner Vanessa Oake Hogan was named to the 2022 Junior Achievement Hall of Fame of Northern and Eastern Ontario Business. The 7th annual ceremony recognized Peterborough’s exceptional business leaders, and with many successful years as a Broker under her belt, Oake Hogan is the perfect addition.

“When I was attending University I would come home to Peterborough for the summer months and work at the office doing reception.  I always loved coming to the office.  I enjoyed learning about the business, working with dad and meeting all of the agents.  It was such a fun group of people.” Oake Hogan says. Carl Oake began the brokerage (which was one of the first CENTURY 21 Canada franchises) in 1977, and in 2016 he began the process of passing the torch to his eldest daughter. Vanessa Oake Hogan acquired her real estate license in 2013, and after waiting a few years for the timing to be right for her family, she felt ready to follow in his footsteps

“Once my kids were a little more independent, the time was right and it was an opportunity I just couldn’t pass up,” Oake Hogan says of her decision to take the reigns of CENTURY 21 United Realty Inc. “This was my father’s business that I grew up around, I was really attached to it. I wanted to carry on what he already started.” Oake Hogan says her father passed on his drive to succeed and she has continued a legacy of excellence, consistently placing on annual rankings within the Century 21 Global system, most recently as the #14 Office in Canada by production, and the #20 Office on the GLOBAL 21 list by the same metrics for 2021. Additionally, Carl Oake was inducted into the Junior Achievement Hall of Fame in 2018, and with Oake Hogan joining him, it marks the first time a father-daughter duo has received the distinction.

But it’s not just her business’s accolades that have earned Oake Hogan a spot in the Hall of Fame, community initiatives are also a large focus. The Carl Oake Rotary Swim is an annual fixture at the Peterborough YMCA, a day when teams and individuals dress in their wildest costumes and swim laps in support of CENTURY 21 Canada’s charitable partner Easter Seals, as well as other local causes. Oake Hogan currently co-chair’s the event and brought it back to the YMCA this year, surpassing their initial fundraising goal for a grand total of $50,000.

Not one to rest on her laurels, Oake Hogan is looking to the future of her company and its agents. “Providing valuable services and support to our agents is our first priority.  We are also working on growing our team with both new and experienced agents.  The official awards ceremony for the Junior Achievement of Northern and Eastern Ontario Hall of Fame took place on May 26th.