March was another winning month for Canadian home prices.
The increase comes as gains in and around the Vancouver area slowed.
That was offset by an rise in cities likes in Calgary, Toronto and Montreal.
The Canadian Real Estate Association says the MLS Home Price Index was up 1.3 per cent in March on an month-over-month basis.
Compared with 2011, prices were up about 5.1 per cent.
The index is based on prices for one and two-storey single family homes, townhouses and apartments in several key markets across the country.
Prices were up in all of the markets tracked, led by Toronto which saw a 7.3 per cent gain compared with a year ago.
Canadian home price index up 1.3 per cent in March
Gas Prices
680News Android App
Weather Guarantee
Advertiser Directory
Comments
Editor's note: Comments which include offensive or inappropriate language will be deleted. Healthy debate is encouraged but we will not permit any personal attacks. View our comment policy here.