Cielo condos price list. The average house price in Canada hit another all-time high. In November, the average selling price of Canadian homes reached C $720850, surpassing the price in March this year and reaching an all-time high.Please Visit: Cielo condos price list to Get Your VVIP Registration Today!
Sales were also strong, with November sales up 0.6% from October, the Canadian Real Estate Association said on Wednesday.
Typically, property market activity peaks in the spring, then declines in summer and autumn, and slows further in winter, which is supposed to be off-season.
But this traditional trend was broken in 2021 because this year’s sales have already broken the previous annual sales record in the last two months.
In addition, according to the latest survey by real estate company Royal LePage, house prices in Canada as a whole rose 21.4% in 2021 and will continue to rise 10.5% next year, with even bigger increases in Toronto, Vancouver and Halifax.
Phil Soper, President and CEO of Royal LePage, said in a statement: “although some people think that current Canadian housing prices are overvalued, all indications are that demand still exceeds supply, so house prices will continue to rise sharply.
Soper says there are many reasons for strong demand, such as increased immigration, telecommuting and low interest rates. People save more money because they are unable to travel because of the epidemic, or because of fewer entertainment programs.
The report also said that the Greater Mongolia region is expected to grow by 8% in 2022, and that demand for apartments will pick up. This is because the price of detached houses has exceeded the affordability of some buyers, so these buyers will have to choose the type of apartment.