Impact of Extreme Weather on Real Estate
Extreme weather events such as floods, wildfires, hurricanes, and heat waves are increasingly influencing real estate markets in Canada and the U.S.
These events are affecting property values, insurance, building practices, and migration trends, making them a key consideration for investors and home buyers.
- Floods
- Wildfires
- Hurricanes
- Heat waves
- Severe storms
In areas prone to these events, demand is softening as people seek properties in lower-risk zones.
Investors and home buyers are now making decisions with risk exposure in mind.
As a result, the influence of extreme weather events is visible in property values, construction trends, insurance markets, and buyer behaviour.
Author's summary: Extreme weather shapes real estate demand.
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