According to the CREA, the Canadian housing market is down again with sales dropping 17% last month compared to last year. Despite the decline in sales and prices…
Recent data now shows the average selling price of a Canadian home dropped by 0.3 per cent in the past year. It may not seem like much of a difference, especially to those who have been waiting for the market to cool and stabilize, but does this mean that the bubble has burst?
The latest Royal LePage House Price Survey finds average Canadian home prices are up 7.9%, with Toronto and Vancouver markets leading most of the growth. Read on for our regional breakdown.
The average detached homes price topped $1 million in Toronto last month, as affordability is fueled by record low mortgage rates. What does this mean for buyers trying to break into the market?