UPDATE: Coronavirus And Its Impact On Canadian Real Estate

Posted by Nutan Brown on Tuesday, March 17th, 2020 at 3:17pm.

Coronavirus And Its Impact On Canadian Real Estate

The continued spread of coronavirus has understandably raised concerns around Canada and the world. The well-being of our clients and their families is of deepest concern to us, and your safety will remain our top priority as this situation continues to evolve.

As we move forward, we are taking active measures to monitor the situation closely and follow the latest guidance from our local, provincial and federal authorities to ensure that our practices are aligned with the latest recommendations.

In the midst of this pandemic, our CEO Phil Soper has reached out with these encouraging words regarding the coronavirus and its impact on Royal LePage and Canadian real estate:

“I write to assure you that Royal LePage has detailed business continuity and resilience plans in place to weather this storm. Canada's most visited real estate company website, royallepage.ca, will continue to serve communities from coast to coast. The systems that our Realtors, administrators and management rely on will continue to operate. No one can predict what's next in dealing with the coronavirus outbreak. I do know that there is nowhere in the world I would rather be to face the challenges ahead than in Canada."

Housing markets in Canada appear to remain strong amid the pandemic. If you were planning on moving this spring, the Internet is the perfect resource for keeping up-to-date, while also practicing social distancing as recommended by the Canadian government. Search thousands of the latest listings updated daily for free here: https://nutanbrown.com/idx/

Modern technology also allows you to sign and submit offers without anyone coming face-to-face if you are high risk and/or greatly concerned about the virus. We recommend avoiding open houses, and reaching out to your agent to ensure they are running business as usual during this time.

Should you have any questions or concerns, please do not hesitate to reach out at anytime. We will continue to update you as information becomes available.

Stay safe!

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