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Forecast: Canadian real estate prices to see largest annual increase this century

from Financial Post

Housing price appreciation across the country will be more than it has been in the last 16 years, according to a new forecast from one of the country's largest real estate companies. Royal LePage, in a report out recently, says economic uncertainty around the globe and low interest rates continue to fuel the Canadian existing-home market, adding that prices will rise by 12.4 per cent in 2016 from 2015 to an average of $563,000. more


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