Canadian Real Estate Prices Rise at Slower Rate

Latest statistics released by the MLS® Home Price Index, the chief sales index in Canada, showed prices rose in March, year on year, but gains have been slowing. The sales increase seen in March was the slowest since June 2011, rising by just 5.1% compared to March of the previous year.

Royal LePage Survey shows Fort McMurray Prices Are Balanced

The latest Royal LePage House Price Survey which was released yesterday shows the real estate market in Fort McMurray is balanced. During the first quarter of this year detached bungalows achieved an average price of $635,000, while two-storey homes sold for an average of $710,000. Condominiums achieved an average price of $370,000.

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