What is Your Markets Average Home Price?

Submitted by paul@paulcopcutt.com on Thu, 04/15/2021 - 16:00
CREA just announced the average selling price for a home sold on CREA's MLS system was $716,828. That's up by 31.6 per cent in a year, and the biggest annual pace of gain on record. Where does your local market sit relative to this number?

- June 08, 2021

Yeah lots of huge increases this year Never would have imagined this back in March 2020 that it would have done this Will be interesting to see how it all unfolds in the next 2-3 years

- June 21, 2021

Over 60% increase in Niagara-on-the-Lake in the past year (2021 compared to 2020). Considering that this municipality is mostly rural - vineyards, soft fruit orchards - that's an insane increase. I believe that prices will level out but not fall very much. Only time will tell.