Vancouver Real Estate Tips the Scale
House prices skewed!
News Services March 16, 2011 Canada's average house price rose 8.8 per cent last month from a yearago to $365,192 but the increase is misleading because it was driven
by sales in Vancouver, the country's most expensive market. Vancouver's year-over-year average price jumped 19.4 per cent last
month, the Canadian Real Estate Association said Tuesday. CREA chief
economist Gregory Klump said that once the Vancouver sales are
factored out, the national year-over-year increase for an average
price was just 3.4 per cent. © Copyright (c) The Province Read more: http://www.theprovince.com/business/House+prices+skewed/4447371/story.html#ix...
