Royal LePage: More than half of Canada’s largest real estate markets see double-digit price growth as national home values soar 9.7% in fourth quarter
Fourth quarter regional highlights:
- Price of detached homes continue to outpace condominiums as Canadians trade location for square footage
- Despite strong push toward the suburbs, Toronto and Montreal single-family homes see double-digit price gains in city centres
- Median price of a two-storey home in Greater Vancouver rises 8.8% as buyers prioritize square footage
- Out-of-region buyers spur Maritimes’ home prices, as option of remote work and demand for large, affordable properties grows
- Aggregate price of a home in Canada rose $206,815 since Q4 2015
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