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Canada: But for B.C., house prices to climb next year, RBC says

Posted on 16 November 2011

But for British Columbia, Canadian house prices will rise next year, Royal Bank of Canada says in a new study. Senior economist Robert Hogue says home sales will rise in Alberta, Saskatchewan, Manitoba and Quebec in 2012, but decline in B.C., Ontario and the east, where they’ll dip 3.3 per cent, 0.1 per cent and 0.4 per cent, respectively.
The average price of a detached bungalow is forecast to rise in all regions, expect B.C. alone, where prices are projected to slip by 1.7 per cent……………………………………..Full Article: Source


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