ZitatReal estate continues to climb 15/11/2007 12:51:52 PM
Canada's real estate scene is showing no sign of the weakness sweeping through the U.S. market, as sales and prices continue to rise.
CBC News The average resale price in 24 major markets jumped $5,000 from September to October, to $333,544, according to figures from the Canadian Real Estate Association (CREA).
That's a rise of 10.6 per cent from last October - the sixth month in a row of double-digit year-over-year price gains.
The country's priciest real estate continued to be found in Vancouver, where the average resale price jumped $8,000 from September to reach $590,577 in October - up 7.8 per cent from a year earlier.
Alberta's cities used to post the biggest percentage price gains. But recently, it's been Saskatchewan that's been doing the booming.
Saskatoon's average resale home sold for $255,614 in October - up a whopping 53.3 per cent from October 2006. Regina's increase was just behind - up 50.3 per cent to $190,657.
Average resale prices hit record highs in the two Saskatchewan cities, as well as in Montreal and Toronto.
Toronto's average price jumped $14,000 in a month to $394,583. A similar price rise took place in the Hamilton-Burlington, Ont. region.
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15.11.2007 22:17
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