Canada's average resale home price is back to where it was in the final months of 2015, the latest sign that the country's long-running housing boom is history. HuffPost Canada/CREA The average home resale price in Canada has fallen to its lowest level since December, 2015. Greater Toronto and Greater Vancouver accounted for 29 per cent of all home sales in Canada in 2015. For an idea of what's happening with the value of your home, CREA's house price index provides an "apples-to-apples" comparison of similar types of homes in the same markets. Canadian Real Estate Association After several years of double-digit growth, the MLS house price index has slowed to its weakest pace since the 2008-09 recession.
Source: Huffington Post February 15, 2019 17:26 UTC