Cost growth is running a little above 30% in New Brunswick (higher in Greater Moncton, a little lower in Fredericton and Saint John), while Newfoundland and Labrador is in the 10% variety on a year-over-year basis (a bit lower in St. John's). This Site offers the best way to assess rate patterns because averages are strongly misshaped by changes in the mix of sales activity from one month to the next.
6% from the same month last year. The national average price is greatly affected by sales in Greater Vancouver and the GTA, 2 of Canada's most active and costly real estate markets. Omitting these 2 markets from the computation in July 2021 cuts around $132,000 from the nationwide average price. PLEASE NOTE: The information consisted of in this news release integrates both major market and nationwide sales details from MLS Systems from the previous month.
Analytical info included in this report includes all housing types. MLS Systems are co-operative marketing systems utilized just by Canada's real estate Boards to make sure optimal exposure of residential or commercial properties listed for sale. The Canadian Genuine Estate Association (CREA) is one of Canada's biggest single-industry associations, representing more than 135,000 REAL ESTATE AGENTS overcoming 78 realty boards and associations.
SOURCE Canadian Property Association, For additional info: Pierre Leduc, Media Relations, The Canadian Realty Association, Tel.: 613-237-7111 or 613-884-1460, Email: [e-mail protected] Related Links.
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