Average Canadian house price exceeds $800,000 but this figure can be misleading

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OTTAWA (CU)_Last month was the second-busiest February for home selling in Canada when the average house price exceeded the $800,000 mark. However, a top trade association representing real estate brokers and agents say this price on its own may be deceiving.

Figures published by the Canadian Real Estate Association shows that in the month of February, the average Canadian home hit $816,720, a 20 per cent jump for the price recorded during the same time last year. The group, representing…..Read More

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