March 4th - 2012

Market Watch: Price correction unlikely: report

House prices are expected to continuing going up across the country despite some high-profile reports to the contrary, a new survey reports.

House prices are expected to continuing going up across the country despite some high-profile reports to the contrary, a new survey reports. The Royal LePage House Price Survey and Market Survey Forecast predicts a continuation of price growth, with the average increase at 2.8 per cent by year’s end. The average price of a home in Canada increased between 3.6 and 6.1 per cent in the recent fourth quarter. For the full report, visit www.royallepage.ca and click on Q4 2011 House Price Survey and Forecast in the rolling menu on the home page.

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Young Professionals Network invites members of all ages Land and development conference in May

For more information contact

Ontario Real Estate Association

Jean-Adrien Delicano

Manager, Media Relations

JeanAdrienD@orea.com

416-445-9910 ext. 246