Why the price of your home may not be up as much as you think

Financial Post

The national average home price rose in October but the impact of Canada's two largest markets is continuing to influence Canada-wide numbers, according to the Canadian Real Estate Association.  Across the country, prices were up 7.1% from a year ago to an average of $419,699.  Once Toronto and Vancouver are removed, the annual gain slips to 5.4% and the average sale price for October drops to $330,596.

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Michael James

Michael James

Sales Representative
CENTURY 21 Capital Realty Inc., Brokerage*
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