(Meagan Fitzpatrick/CBC News)Properties that used to sit on the market for months are selling within days, getting multiple offers, and selling for way, way over the asking price. "I've never seen anything like this in my 26 years," said Sharon Grant, a real estate agent with Royal LePage in Shelburne. And in Toronto, prices keep rising and bidding wars are becoming routine. In March, the Toronto Real Estate Board said the average price of a detached home in the GTA was $1.2 million, a more than 33 per cent increase from the previous year. Some real estate agents say they've also noticed more foreign buyers looking for small town properties.

Source: CBC News April 22, 2017 09:00 UTC