Impact of Extreme Weather on Real Estate
Extreme weather events such as floods, wildfires, and hurricanes are increasingly influencing real estate markets in Canada and the U.S.
These events are affecting 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 extreme weather, demand is softening as people seek properties in lower-risk zones.
Extreme weather events have become increasingly influential forces shaping where people live, how homes are built, and how real estate markets function.
Author's summary: Extreme weather shapes real estate demand.
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