| 04.10.2012 - Fewer sales, higher prices a quandary for Canadian real estate market |
| The average price of a home in Canada rose between 1.8% and 4.8% on a year-over-year basis in the third quarter, depending on the type of home, according to data released Wednesday by real estate firm Royal LePage. The price for an average standard two-story home climbed 4% in the quarter from a year ago, to about 404 thousand Canadian dollars (US$409,000), while standard condominium prices rose 1.8% to C$244,000...............................................Full Article: Source |