People are just as crazy about real estate in Canada as they were a decade ago. But, prices have nearly tripled from where they were in 2011. With the market predicted to continue growing over the next decade, land owners have access to significant opportunities of acquiring Canada land for sale. And while the Canadian real estate market is always changing, the trends we are seeing right now are shaping up to be pretty exciting for potential home buyers and investors alike.

Here are some of the emerging trends we are seeing in the Canada real estate landscape:

1. Growing Population
The population of Canada is expected to reach about 45 million by 2022, which means that more homes will be needed to accommodate everyone who lives there. When it comes to the housing market, this means that there will be increased demand for new houses, as well as for renovations of existing homes.

2. Increase in popularity of smaller homes
The average size of a home has decreased over the past decade or so—and it’s expected to continue decreasing in coming years. This trend has been driven by a number of factors: people are living longer (and thus wanting smaller homes), builders are getting better at building smaller spaces that feel roomier than they actually are because they’re designed well, and more people are choosing to move into urban areas where space is limited by law.

3. Need for more flexible housing options
We also expect there will be an increasing need for flexible housing options in the coming years. It’s no secret that Canadians dream big—we want our dream houses! But sometimes those dreams don’t always work out exactly as planned… and when that happens, we need affordable options that can adapt with us as our needs change over time.

4. Rise of the millennial home buyer
The biggest trend that we’re seeing is the rise of the millennial home buyer. With more young people getting married and starting families, they’re looking for more space and comfort than their parents did when they were first starting out. This has led to an increase in demand for single-family homes, which has driven prices up and pushed some buyers into condos.

5. Less demand for parking spaces
Another trend we’re seeing is that Canadians are becoming less interested in owning a car or truck. Instead, they are relying on ride-sharing services like Uber and Lyft to get around. This means that there’s less demand for parking spaces, which can make it challenging for developers to build new developments without parking spots included in the price tag.

6. Green homes
This year we are also seeing an increase in the number of buyers who are looking for a new home. These people will be looking for homes that are energy efficient and environmentally friendly. They will also want homes that have smart technology built in. This means that homes need to be equipped with Wi-Fi and Bluetooth connectivity, as well as light bulbs that can be controlled remotely.

Bottomline
Trends in real estate will continue to be important for homeowners, investors, and potential buyers alike. Home sales and prices will have increased, and people may have become less apprehensive about buying into the market. Buyers will likely be more interested in sustainable design features, for instance, as climate change makes environmental awareness more of a priority for Canadians than ever before. And with the growing trend towards urban living, condo developments may become even more common throughout Canada’s cities than they are today—though demand for suburban single-family homes will still be there as well.

Author Bio: Brandon Mickens has been involved with buying and selling land for the past 15 years and now wants to share his knowledge and experience with others.