House prices are soaring, with the average national price now standing at $716,828, according to the Canadian Real Estate Association's MLS system. (Colin Lo/Personal Real Estate Corp./Oakwyn Realty/Realtor.ca)(Colin Lo/Personal Real Estate Corp./Oakwyn Realty/Realtor.ca)(Colin Lo/Personal Real Estate Corp./Oakwyn Realty/Realtor.ca)CalgaryThe benchmark price — the typical price of a home — in Calgary rose to $441,900 in March. (Christen Johnson/Realty Executives Diversified/Realtor.ca)(Christen Johnson/Realty Executives Diversified/Realtor.ca)(Christen Johnson/Realty Executives Diversified/Realtor.ca)WinnipegWinnipeg's average selling price last month was $318,074, according to the Manitoba Real Estate Association. Still, buyers in Montreal will likely only find duplexes and condos selling for the national average price. (Emmanuel Samedy/REMAX/Realtor.ca)(Emmanuel Samedy/REMAX/Realtor.ca)(Emmanuel Samedy/REMAX/Realtor.ca)MonctonNewcomers, who are driving the real estate boom in New Brunswick, will find their dollars go far.

Source: CBC News April 29, 2021 16:40 UTC