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Canada: National average home prices up 6.5pct in September

Posted on 19 October 2011

National real estate prices were up 6.5% in September compared to a year earlier, but the increase was the smallest year-over-year increase since January, according to a monthly report released this week by the Canadian Real Estate Association (CREA).
The average price in September reached $352,600, below record level heights reached earlier this year. The largest year-over-year gains were in Newfoundland and Labrador, up 14% to reach $262,481 in September. Regina was up 13.1% to an average home price of $272,295, while Vancouver, the most expensive market, was up 10.5% to reach $751,042……………………………………….Full Article: Source


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