Big banks weigh in on the major regional differences in Canada's housing market
By Monika Warzecha The April housing numbers from the Canadian Real Estate Association (CREA) emphasized how hard it is to pigeonhole the country’s housing market. The average sale price for an existing home rose 9.5 per cent, year-over-year, to $448,862 in April. But removing Toronto and Vancouver from the equation leads to a much more modest increase of 3.4 per...[ read more ]