Average Resale MLS Home Prices

Not so much a commentary as an information bulletin. Coast to coast, real estate remains strong in almost all major urban areas in the country. Canadians still see housing as their largest and safest investment. With interest rates looking to remain at all time lows and enormous uncertainty and fluctuation in stock markets, look for real estate to remain strong in Canada, at least until rates start to rise.

Average MLS® Resale Price for Local Markets

City September 2010 September 2011
Halifax $ 240,092 $ 253,575
Saint John $ 172,963 $ 169,290
Quebec $ 247,184 $ 247,060
Montreal $ 331,213 $ 352,581
Ottawa $ 324,841 $ 337,109
Toronto $ 427,269 $ 465,369
Hamilton/Burlington $ 316,556 $ 352,581
Winnipeg $ 222,598 $ 237,421
Saskatoon $ 312,582 $ 311,057
Regina $ 240,667 $ 272,295
Calgary $ 401,080 $ 406,252
Edmonton $ 325,060 $ 332,782
Vancouver $ 679,381 $ 751,042
Victoria $ 485,459 $ 493,522

Source: Canadian Real Estate Association

By the way, real estate in certain US markets, previously in free fall, are beginning to look like purchases worth considering. If you are interested in more information on purchasing properties in the United States drop us an email. We’re here to help!

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One Comment on “Average Resale MLS Home Prices”

  1. Tamika says:

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