Canadians can expect a vibrant spring real estate market, with home prices rising modestly

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TORONTO, Jan. 9, 2020 /CNW/ - According to the Royal LePage House Price Survey released today, the aggregate1 price of a home in Canada increased 2.2 per cent year-over-year to $648,544 in the fourth quarter of 2019. Similar to the third quarter, potential buyers are continuing to come back to the real estate market. In the first half of 2019, buyers had remained largely at the sidelines waiting to gauge the potential impact of the federal mortgage stress test. 

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Original Article Source Credits:  newswire, https://www.newswire.ca/

Article Written By  NA

Original Article Posted on :Jan 09, 2020

Link to Original Article: https://www.newswire.ca/news-releases/canadians-can-expect-a-vibrant-spring-real-estate-market-with-home-prices-rising-modestly-884135807.html

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