Leftbank condos price list. The average house price in Canada has risen 17.8% over the past year. Average house prices in Canada are nearly 1/5 higher than in the same period last year, and home sales are at an all-time high in August, ranking sixth among all monthly sales records.Please Visit: Leftbank condos price list to Get Your VVIP Registration Today!
According to figures released Tuesday by the Canadian Real Estate Association, 58645 homes were sold nationwide in August, an increase of 33% over the same period last year.
Due to the epidemic, the Canadian real estate market basically came to a standstill in March and April. The change disrupted the normal cycle of ups and downs in the housing market, but house prices and sales volumes caught up after trading resumed. Overall, the average house price in Canada rose 17.8% from August last year to August this year. In terms of provinces, average house prices in Prince Edward Island, the smallest province, rose 30.65, the highest in the country, followed by Ontario (23.6%), Quebec (20.35%) and Nova Scotia (18.14%).
House prices in other provinces have risen below the national average over the past year. The province of BC is 11.1%. The lowest is Alberta (5.33%).
But some financial analysts told CBC that the current rally is unlikely to continue as “pent-up demand” caused by the spring pause in the housing market has been largely met.
The average house price in Canada in August was C $586, 000. But excluding Toronto and Vancouver, which sell the most high-end homes, that figure falls to C $464, 000.