20 February 2013

Home price index is weakening; however GTA average price is up by 4% in first half of February


The latest Teranet-National Bank housing price index only proves the current tendency of market cooling.

Last month this index was 153, which is only 2.7% higher than in
January 2012. In other words, it’s the lowest year-over-year growth
since November 2009…

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