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Property Prices and Sales in Canada Forecast to Rise Steadily in 2014 and into 2015

The Canadian Real Estate Association (CREA) has updated its forecast for home sales and prices, saying it expects transactions and values to increase during the spring months and into 2015.

The national average home price is forecast to rise by 3.8% to $397,000 in 2014, with similar sized gains in British Columbia, Alberta, and Ontario. Modest changes in average prices are forecast for all other provinces this year.

via Property prices and sales in Canada forecast to rise steadily in 2014 and into 2015 | North America | News.

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