Average Home Price A Whopping $816,720.00
The value of Canadian real estate increased again in February, with the average home price selling at $816,720. That figure is up 51% compared to pre-pandemic markets.
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The value of Canadian real estate increased again in February, with the average home price selling at $816,720. That figure is up 51% compared to pre-pandemic markets.
As of December, The Canadian Real Estate Association’s House Price Index was up 26% year-over-year, setting a new record.
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It should come as no surprise that home prices continued their upward trajectory in January, setting a new all-time record.
The average price reached $621,525, a 22.8% year-over-year (not seasonally adjusted) gain from a year earlier, reported th…