Westline condos by centrecourt . House prices in Canada rose by 18.2%. During the outbreak, although many industries in Canada are struggling, the real estate market has been booming.Please Visit: Westline condos by centrecourt to Get Your VVIP Registration Today!
Figures show that more than 580000 homes have changed hands in Canada this year, breaking the record for annual sales. According to data recently released by the Canadian Real Estate Association (CREA), which represents national real estate agents, the average house price in October was C $716,585, an increase of 18.2% over the same period last year. Home sales increased by 8% over the previous month.
In Ontario, for example, during the blockade, more and more people moved out of big cities, and Greater Toronto (GTA) became the first choice for many people. It is not only close to downtown Toronto, but also rich in work opportunities, recreational activities and a good campus. This has made the real estate market in the region booming.
The rise in Brampton is staggering, with average house prices rising by nearly 25 per cent in a year.
House prices in Binton have soared throughout the summer due to supply and demand, with the average house price rising 24% to $1060277 in August. But home sales have fallen, with sales in Binton actually down 26% in August compared with last August.
As more buyers pour in, the cities around GTA have become hot spots in the Ontario real estate market. Some experts predict that house prices in the Greater Toronto area will not fall any time soon.