Average Home Price Hits a Record $716,828. Is Another Policy Response Coming?
Canada’s average home price rose 31.6%—or $172,361—over the last 12 months, to yet another record-setting high in March.
The average national price now stands at $716,828, according to data from the Canadian Real Estate Association (CREA). Even without the high-priced markets of the Greater Toronto and Vancouver Areas, the average price still stands at $556,828, up 34.3% from last year.
Original Article Source Credits: CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/
Article Written By: Steve Huebl
Original Article Posted on: April 15, 2021