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Canadian Real Estate Association says the average price of homes rose 13.8 per cent in November
BY , Dec 15, 2020 10:57 PM - REPORT AN ERROR
File - The association says the average home price was 603,000 dollars. (The Canadian Press)
The Canadian Real Estate Association says the average price of homes rose 13.8 per cent in November, largely influenced by sales in the Greater Vancouver and Greater Toronto areas.
The association says the average home price was 603,000 dollars.
But with the Vancouver and Toronto markets excluded, that price drops by 122,000 dollars.
Sales activity was up by more than 32 per cent between this November compared with the same time last year.
The association says there were year-over-year price gains in Greater Vancouver, the Fraser Valley, Chilliwack, the Okanagan Valley, Victoria and elsewhere on Vancouver Island.
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