The latest home price index from Teranet and mortgage lender National Bank shows a 5.39 per cent rise in the national average home price for August. Once again it was driven by Toronto and Vancouver which together with Hamilton are shown as seller’s markets. The national increase month-over-month was 1.03 per cent in August.
Toronto prices rose 8.7 per cent year-over-year and Hamilton is benefitting from the overspill with an 8.76 per cent rise. Vancouver prices were up 9.7 per cent year-over-year. Other cities gaining were Calgary which was up 0.7 per cent year-over-year but also gained 3.87 per cent in August compared to July. Edmonton prices were up 0.79 per cent over the year and Victoria gained 3.19 per cent.
Five cities though saw lower prices than a year earlier; Halifax (-1.4 per cent); Quebec City (-0.74 per cent); Montreal (-0.46 per cent); Ottawa (-0.40 per cent); and Winnipeg (-0.35 per cent).
MBN
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"THE JACKIE GOODLET TEAM" Re/Max Rouge River Reatly Ltd., Brokerage Direct/Text: 289-200-5883 Office: 1-800-663-7119 info@thejackiegoodletteam.com
About Me
- Jackie Goodlet, Broker
- GTA, Ontario, Canada
- A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!
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