December 21, 2020

Across the Provinces – Canadian housing expected to reach new benchmark

The national average house price is expected to rise 9.1% - to $ 620,400 - in 2021, the Canadian Real Estate Association (CREA) said today. Supply shortages, especially in Ontario and Quebec, are expected to drive strong price growth, while Alberta and Saskatchewan are expected to see average prices rise after several years of depreciation, the group said. “Current trends and outlook...

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