September 23rd - 2014

Market Watch: Price surges in big cities mask temperate national market

Home prices are expected to increase steadily in Canada for the remainder of 2014, with the average price of a home in Canada rising between 3.9 and 5.2 per cent in the year’s second quarter, according to a new report.

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Pretty neighbourhood

Home prices are expected to increase steadily in Canada for the remainder of 2014, with the average price of a home in Canada rising between 3.9 and 5.2 per cent in the year’s second quarter, according to a new report. Big city housing activity represents a small part of the picture but accounts for a large portion of the gains in national average home prices, according to the Royal LePage House Price Survey and Market Survey Forecast. For more on the report or to read the full news release, visit www.royallepage.ca and click on Media Room. 

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