The Vancouver Sun has reported that the number of homes sold in Canada dropped 5.2% over the reported numbers from January of 2012. News, however, was mixed across the country. About half of markets reported better number than in December 2012, with continued bad news in Vancouver bringing down the national average.
The national average sale number remains impressive, rising a steady two percent to $354,754 from a year ago. Of course, excluding inflation, the price is holding the same, but at least your average investor should be holding their own during this environment.
Cheers, and Happy Investing.
Showing posts with label resale housing prices. Show all posts
Showing posts with label resale housing prices. Show all posts
Saturday, February 16, 2013
Wednesday, September 7, 2011
Average Housing Prices Rise Again Across Most of Canada's Major Urban Centres.
July's resale housing price numbers have been released, indicating another year over year increase in most of Canada's major urban centres. Real estate continues a strong upward trend.
| City | July 2011 | July 2010 |
Halifax | $ 262,723 | $ 245,944 |
Saint John | $ 158,448 | $ 176,061 |
Quebec | $ 240,225 | $ 237,605 |
Montreal | $ 317,519 | $ 303,317 |
Ottawa | $ 342,925 | $ 322,342 |
Toronto | $ 459,122 | $ 420,455 |
Hamilton/Burlington | $ 349,235 | $ 309,293 |
Winnipeg | $ 238,258 | $ 225,191 |
Saskatoon | $ 303,439 | $ 289,715 |
Regina | $ 272,548 | $ 281,836 |
Calgary | $ 397,613 | $ 402,809 |
Edmonton | $ 334,444 | $ 329,731 |
Vancouver | $ 761,673 | $ 657,815 |
Victoria | $ 467,052 | $ 496,943 |
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