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1 Local Logic data was supplemented and vetted by local RE/MAX brokers and agents to ensure regional accuracy.
2 Local Logic data included in the Regional Deep Dive was supplemented and vetted with insights from RE/MAX brokers and agents in each specific region surveyed. The following regions were not included in the Local Logic’s data but were included via broker insights: Mississauga, ON; Brampton, ON; and Moncton, NB. Broker vetting was not available at the time of launch in the following regions. Insights are based on Local Logic data only: Montreal, QB; Regina, SK; Durham Region, ON.
3 Broker vetting was not available at the time of launch for Brampton or Mississauga.
4 Broker vetting was not available at the time of the report launch in Montreal. The city’s neighbourhood list is based on Local Logic data only.
5 Moncton, NB data is based on RE/MAX broker insights only.
About the 2024 RE/MAX Liveability Report
The 2024 RE/MAX Liveability Report includes data from RE/MAX brokerages. RE/MAX brokers and agents are surveyed on insights, local developments and their city’s neighbourhoods on a set of liveability criteria, including availability of public transit, walkability and housing supply, and more.
Regional summaries with additional broker insights can be found at RE/MAX.ca. *For the purposes of this report, “liveability” is defined as “the external qualities that make a place feel like home.”
These top liveability criteria identified by Leger were provided Local Logic. Local Logic used location scores in addition to census data to determine the top neighbourhoods in Canada within 24 key markets coast-to-coast-to-coast based on each factor, and a set of buyer personas including retirees, city lovers with and without kids, and foodies, among others.
About Leger
Leger is the largest Canadian-owned full-service market research firm. An online survey of 1522 Canadian residents aged 18+ was completed between the 19th to the 22nd of January 2024, inclusive, using Leger’s online panel. No margin of error can be associated with a non-probability sample (i.e. a web panel in this case). For comparative purposes, though, a probability sample of 1522 respondents would have a margin of error of ±2.5%, 19 times out of 20.
About the RE/MAX Network
As one of the leading global real estate franchisors, RE/MAX, LLC is a subsidiary of RE/MAX Holdings (NYSE: RMAX) with more than 140,000 agents in almost 9,000 offices with a presence in more than 110 countries and territories. RE/MAX Canada refers to RE/MAX of Western Canada (1998), LLC and RE/MAX Ontario-Atlantic Canada, Inc., and RE/MAX Promotions, Inc., each of which are affiliates of RE/MAX, LLC. Nobody in the world sells more real estate than RE/MAX, as measured by residential transaction sides.
RE/MAX was founded in 1973 by Dave and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. RE/MAX agents have lived, worked and served in their local communities for decades, raising millions of dollars every year for Children’s Miracle Network Hospitals® and other charities. To learn more about RE/MAX, to search home listings or find an agent in your community, please visit remax.ca. For the latest news from RE/MAX Canada, please visit blog.remax.ca.
About Local Logic
Local Logic is a leading location intelligence company whose mission is to impact every real estate decision, from consumers seeking a neighbourhood that aligns with their lifestyle to investors aiming to pinpoint the best locations for development or local governments striving to build more sustainable cities through better urban planning. Our extensive dataset of over 100 billion data points provides unparalleled insights and analytics to help over 15 million monthly users across 8,000 websites in the US and Canada make better-informed decisions. Learn more at locallogic.co.
Forward looking statements
This report includes “forward-looking statements” within the meaning of the “safe harbour” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “believe,” “intend,” “expect,” “estimate,” “plan,” “outlook,” “project,” and other similar words and expressions that predict or indicate future events or trends that are not statements of historical matters. These forward-looking statements include statements regarding housing market conditions and the Company’s results of operations, performance and growth. Forward-looking statements should not be read as guarantees of future performance or results. Forward-looking statements are based on information available at the time those statements are made and/or management’s good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. These risks and uncertainties include (1) the global COVID-19 pandemic, which has impacted the Company and continues to pose significant and widespread risks to the Company’s business, the Company’s ability to successfully close the anticipated reacquisition and to integrate the reacquired regions into its business, (3) changes in the real estate market or interest rates and availability of financing, (4) changes in business and economic activity in general, (5) the Company’s ability to attract and retain quality franchisees, (6) the Company’s franchisees’ ability to recruit and retain real estate agents and mortgage loan originators, (7) changes in laws and regulations, (8) the Company’s ability to enhance, market, and protect the RE/MAX and Motto Mortgage brands, (9) the Company’s ability to implement its technology initiatives, and (10) fluctuations in foreign currency exchange rates, and those risks and uncertainties described in the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission (“SEC”) and similar disclosures in subsequent periodic and current reports filed with the SEC, which are available on the investor relations page of the Company’s website at www.remax.com and on the SEC website at www.sec.gov. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they are made. Except as required by law, the Company does not intend, and undertakes no duty, to update this information to reflect future events or circ*mstances.