Home Prices Up 17% in September, But Some Signs of Cooling Showing

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The average home price in Canada surpassed $600,000 for the first time ever in September and home sales jumped nearly 46% compared to a year ago.

But, beneath the headline-grabbing details from the Canadian Real Estate Association’s latest housing report, there were some underlying signs of cooling.

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Original Article Source Credits:   CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By:  Steve Huebl

Original Article Posted on:  October 15, 2020

Link to Original Article:  https://www.canadianmortgagetrends.com/2020/10/home-prices-up-17-in-september-but-some-signs-of-cooling-showing/