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Canadian home prices accelerated in 2019 says Statistics Canada HomeMarket

  • Writer: Darrel Elver
    Darrel Elver
  • Feb 23, 2020
  • 1 min read

An interesting read for sure. As a point of interest, locally, London's Average Sale price, according to L-Star (the London and St. Thomas Real Estate Association), was $426,539, which was 15.1% higher than December 2018.


If you would like to discuss what this might mean for you moving forward - connect with me

Canadian home prices accelerated in 2019 says Statistics Canada

Home Market Update by Steve Randall 30 Jan 2020📷

Morneau Shepell survey shows the impact of financial stress.

The fourth quarter of 2019 saw a 0.6% increase in Canadian home prices nationwide, according to a new report.

Statistics Canada’s latest reading of home price trends also reveals that the rise in prices was driven by a 0.9% increase for resales, which partially offset a 0.2% decrease for new home prices.

 
 
 

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