Impact of Extreme Weather on Real Estate
Extreme weather events, such as floods, wildfires, and hurricanes, are increasingly shaping the real estate market in Canada and the U.S.
These events are influencing property values, insurance, building practices, and migration trends, with investors and home buyers making decisions based on risk exposure.
- Floods
- Wildfires
- Hurricanes
- Heat waves
- Severe storms
In areas repeatedly affected by 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.
Author's summary: Extreme weather affects real estate markets.