Prices Inch Up in March

As reported on CBC.ca, Canadian home prices continued their upward trajectory in March despite a large decline in the number of homes sold, the Canadian Real Estate Association said Monday.

The number of sales recorded on the group's MLS system declined by 15.3 per cent in March 2013 compared with the same month a year earlier.

Yet despite that drop-off, prices inched higher. The average price of a Canadian resale home was $378,532 in March, up 2.5 per cent from a year earlier.

Allan Berg

Allan Berg

Sales Representative
CENTURY 21 Blue Sky Region Realty Inc., Brokerage*
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