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Where in Canada are house prices increasing the most? Maybe not where you think!

April 18, 2021 | Posted by: Donna van Lier-Grieve

TORONTO -- Canada saw a surge in housing prices over the past year due to COVID-19, a market trend experts say is caused by people working from home more often and moving to rural and suburban areas.

data released by the Canadian Real Estate Association (CREA) shows that when comparing the average market prices from February 2020 to February 2021, Canada had a 25 per cent year-over-year increase. The average price rose from $542,484 to $678,091


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