 鲜花( 0)  鸡蛋( 0)
|
Canada's housing market both vigorous and stable # `- S2 r) g# J$ ?
: a5 _2 B) V! ~: N; Z' E- Country's market poised to show growth throughout 2006 -3 k, R9 P8 I- x9 X! v2 q/ D( Y; E& Z
3 s3 X* z6 H( b0 h" r TORONTO, Sept. 28 /CNW/ - For most of Canada, the housing market o6 i# k5 @/ K1 {
exhibited moderate price increases and stable unit sales during the third
$ G0 g E# Z* N, X- Xquarter. Wide regional variances continued to be the dominant characteristic
; Q5 G; A0 H: C: C: g! R- e, `in the market, exemplified by frenzied levels of activity and double digit( q4 K: {" u; k% b) Z- a4 h
price gains observed in the energy and commodity rich Western provinces, and
/ u% H; l7 b( D* K6 J, u% Dmore reasonable sales volumes and moderate price appreciation in Ontario,
8 M) t }0 N3 A7 c+ \Quebec and Atlantic Canada, according to a report released today by Royal
0 r# |: Q9 R& r; u; bLePage Real Estate Services.
8 U& ^+ e. V& C6 J% C! s0 M8 u: Q, M F* E% ]
Nationally, market trends established through the first three quarters
, }8 @, b7 }: Kare forecast to continue for the remainder of the year. Robust economic
4 A5 j5 } f8 J @ X j/ ?conditions, low unemployment rates, modestly growing salaries and wages, and
6 V) u8 |# D. g7 K* @2 hsound consumer confidence contributed to the overall strength of the
1 W- i- b: e* r6 z! b2 Fresidential real estate sector.# L4 h! B5 @' G Q
: ^8 l5 f* [4 r0 L0 ~) w Of the housing types surveyed, the highest average price appreciation
0 j2 A+ O( R# x2 }6 h( R6 z% voccurred in detached bungalows, which rose to $300,365 (+16.3%)/ Z A+ B6 a, }# b6 P: B' I
year-over-year, followed by standard condominiums, which rose to $211,562
- r4 i; |8 D( I$ s, d(+14.2%), and standard two-storey properties, which increased to $365,3809 v8 A, {" R4 h) B u
(+13.2%).0 L1 W2 F/ l7 N
! f- H9 i. C. ?% \& W
"Canada's sturdy housing market continued to demonstrate steady growth
4 ]% R& v- ~% r6 T+ E8 q) gduring the third quarter. For all but the west, we have moved on from the
7 |7 P! ^, {: \3 N5 x1 a+ @frenzied expansion that characterized the first half of this decade, and are) Q l/ ^+ ], ^! X o
poised to show continued growth at a more moderate pace," said Phil Soper,
3 T- z8 r) Z# [. wpresident and chief executive officer, Royal LePage Real Estate Services.
: J$ h4 \3 D* P"Gone is the sellers' market that we have lived with for some years. We) H* ?1 m( `# F2 o. p1 p f: v
welcome the more reliable conditions that are characteristic of a healthy
( h7 r2 Z( l- ?* U* G8 A; [balanced market."9 H# c, |8 T1 P
( i& h0 e$ J9 F7 M- n( R
Despite the double-digit rise in average national house prices,
1 n, B2 ~- z. @1 x2 e; \! ~9 cconsiderable regional variances were exhibited again this quarter. The shift
* r7 ~* D, h- ?& @7 L4 Dto balanced market conditions, which began in late 2005, has continued% K! N4 Z) x$ b% l* J5 p o: t
throughout most of the Central and Eastern regions of the country. In the core
D7 ^* I R0 i' g5 H& ~* venergy producing western provinces, the combination of very high in-migration,
; ^ S. Z4 }4 i4 D! }& K* K3 D: ]manageable affordability, and a shortage of inventory has driven record+ s4 {) N# Q0 U
breaking price appreciations.
5 r/ R; Z$ L7 f/ E/ u/ x' {7 S/ b" ]: K* b& `* d& W
Echoing the second quarter and supported by Alberta's rapidly expanding
% E8 c5 C j9 W9 p# @4 w8 Z9 p3 n/ reconomy, Calgary and Edmonton led the charge of Canadian cities with the
7 m7 i4 [1 E i& U) ~+ s8 R/ m) c; rlargest house price appreciation in all housing types surveyed.
4 `! Y' Q2 P; o2 B# C5 P! i8 l" f
; |) a g q3 [+ y In Ottawa and Toronto, growth remained steady, supported by solid
& V; b+ Y4 }6 V# D( Yeconomic fundamentals, an increase in available inventory and strong consumer' G1 {3 F" b! f/ P
confidence. While the pace of price appreciation in Ontario leveled off
) L0 j6 j* T/ k" y6 G5 Zslightly, the province's real estate market remains poised for modest growth. U. w; y$ V* ?# c) b6 B
In Atlantic Canada, new housing and condominium construction offered buyers
- N7 ^- e, t2 d/ hgreater selection at more competitive prices, resulting in a slower rate of
4 J6 K# L) b7 {$ Q( e Hprice appreciation when compared with 2005.2 `4 N/ V2 J' z+ s* p0 e
" { a. e9 o8 }) c9 y0 m1 T- N
While the pace of growth in Canada has slowed, the domestic housing
1 D6 s- \' r; m C& O; Rmarket is expected to outperform the American market. The economic and1 _9 w7 L" y7 P( Q
financial fundamentals driving the residential real estate sector in Canada
- [6 f6 ?9 g2 a: a! w6 K8 V+ Mare markedly different than those found in the United States.
: }# @- K* O/ l
9 \. T# P0 G# d6 X; W4 q Added Soper: "Canada's housing market is likely to outperform the- Q5 V7 s- w$ K5 ~; C9 g8 O. S
American market through 2007. A number of factors are working in Canada's4 T! v3 H. X: z1 O
favour, including healthy personal and governmental debt levels, the
1 I- A V( {1 p4 j) ^relatively modest rise in interest rates in our country, and general2 q1 J, j) Q( L0 t& `2 n; \3 f
affordability in our major cities. In addition, Americans are now seeing the
+ Y& v% H* Y6 n" n) ydownside of a tax system that encourages maximum homeowner leverage, and
6 P& R% K6 h O3 ]- raggressive financial products such as zero- and negative-amortization( G# |8 r) W6 Z" O
mortgages that work only in a high price growth environment."
" N- x7 `6 L' m" g/ O* Z3 Z! ^1 _# D3 B2 b5 T9 m
<<2 k% ]! a$ n: I1 f3 a
REGIONAL SUMMARIES
. g" G8 P6 W+ }; v >>
) Z1 n0 y! V% E3 h. j; O# b/ s* o0 R$ I- f. p% f3 y1 i
Balanced conditions continued to characterize the housing market in
; X! s# J# h5 ?, QHalifax, as significantly higher inventory levels helped to moderate the rate
: W0 g, M4 Q' ?5 K" l/ L. oof price appreciation. Buyers were increasingly choosy, taking more time
% a& C/ L2 ?/ w4 X0 h2 @looking for newer, low-maintenance properties that were not in need of/ k( I& d/ M4 U( }
renovations.
: q- v/ Z+ N# L& C8 [# B) T2 D3 Z* U+ M* F7 [
The housing market in Moncton remained healthy and strong as a slight c& ?* [% \. _1 S) o4 c$ N
increase in inventory helped to moderate the rate of price appreciation% D) ~+ b# `4 _/ o6 Z* F o) v$ g
compared to the same period in 2005. Activity was brisk throughout August and
* d: r- o6 K5 v7 ?0 A" I" f! W0 BSeptember and is expected to remain this way through the fourth quarter.0 n! M% x1 U3 x5 U$ K2 \
- y; ^% p& K( d) R/ U2 f* _; L
The housing market in Saint John underwent its traditional summer
: E6 Z$ w# V3 O' a# A" ] C3 Rslowdown in the third quarter, with activity picking up towards the end of the/ @& t8 v o; x \ g6 I
quarter. The local economy continued to thrive, as construction on a new
& w) B. C6 p, u" W600,000 square-foot shopping area has begun, bringing several new box stores
' x8 b- j) A! K) r P& F+ a P' O. cto the area. Buyers have begun seeking less expensive fixtures for their homes
l6 u5 Z8 T: d8 w5 P. x" U+ rand are instead opting for more affordable housing options.9 i/ y* B8 z2 D. k5 M/ o0 P
' m& C$ X7 r2 c+ F5 R/ o4 J
In Charlottetown, the housing market started to move towards balanced8 H0 U3 h- d) G# u% a0 P/ N4 d& M+ e; j
conditions, as some sellers had to begin to lower the asking prices on their
' ]: R& l$ M" {) M% c6 |3 |8 qhomes to make them more competitive. Activity from out-of-town and US buyers6 h r1 r6 @/ D( s4 j! h
was down slightly compared to 2005, likely attributable to the strong Canadian
2 k* c' y5 {$ Gdollar. Inventory levels began to creep up in the third quarter, providing
5 s) V0 W% M; Y' Zbuyers with more options when looking for a home.6 V& q+ u, D- m& Y; g
$ r3 t/ }7 @0 j( V! u Activity in St. John's slowed slightly in the third quarter, particularly
( E: ]' S: ?6 \2 ]among higher-priced properties, where there was a slight over-supply of homes
) w( X# I) N2 F# R% A. Jpriced over $200,000. Listing periods have increased when compared with 2005,4 [& e$ |& Q5 }4 [+ i
as some of the pent-up demand that had characterized the market over the last
: @& W: J/ @/ o5 `! Yfew years has been satisfied, resulting in more normal, balanced conditions.
/ \% Y/ o1 r% F) C! k4 n+ T& w3 H, S' W" x& o: o
Montreal's housing market recorded modest increases in average house% [% \, c& H6 _5 E8 r2 s% W) D
prices, due to a slight seasonal slowdown in the third quarter as inventory
9 P, R& Z, S7 K& F* u9 }4 R% blevels rose. Part of this can be attributed to the fact that many renting! D; k0 A! R* [3 n
first-time buyers were motivated to close on the purchase of a home by July 1,
! p4 N: t! N! uwhen rental leases expire in Quebec. Once this date has passed some of the
; u, ]( {* C+ i# m% Y5 w; N" Lpressure is taken off the market, allowing buyers to visit more homes before: @3 g" U0 x: b9 J
making a purchase." {. j/ A& z- b! F0 N* {
) C6 [& i& ]; r. Q Ottawa held its position as one of the country's most stable housing
% }) A8 d: A- {. G" x+ p/ ^$ dmarkets in the third quarter, reinforced by a vibrant local economy and strong
0 X- A( k2 J! |+ P8 ~' sconfidence, resulting in modest increases in average house prices. The city7 \/ ~% q z. I' i6 I1 b
centre remained a bright spot in Ottawa, with homes in this area attracting
! @6 z1 X; X! P) P' mattention due to their convenient location and proximity to downtown7 ^) J" P: S; M, f# s
amenities.3 _2 `1 J3 ]1 c2 L7 k
3 u1 n: |( q! h' E The housing market in Toronto sustained healthy activity levels
7 q$ s; w) G) e" T% l' g0 {throughout the third quarter, as a strong economy helped to maintain demand6 I4 u6 j8 k& I" @8 {
across the city, causing average house prices to rise moderately. Toronto has B+ [! K- z5 Y5 {' X/ }
continued to experience modest growth in average house prices, and has been0 N9 U( [0 A/ g7 O, h4 a# A; R
driven primarily by purchasers who are buying homes as their principle$ e- a+ F% {0 L5 m: m
residence, rather than for investment. @5 c2 k4 x& k% \: ]5 {* M
2 V2 N7 P2 q0 e. {" A: ?7 w
The vibrant Winnipeg housing market continued to show its strength as
+ { F9 q& [. Y9 n& \# rhouse prices rose during the third quarter. The booming local economy resulted) |0 A! p# N! f4 G; R6 `
in a historically low unemployment rate, helping to bolster consumer& b' v% l& d6 i" h: @
confidence and Winnipeg's ranking as the city with the lowest capitalization
" m. h F! Q t- {/ b) _/ Grate among the country's larger cities - helped to encourage buyers to enter
( e7 T0 I7 |9 v! q2 c5 sthe market.
. Z# i( ?# E2 G; `0 Q% j' T( P- s1 o2 U4 z0 U9 G2 Z9 P
In Regina, the market experienced a slight seasonal slowdown through
s5 f+ F# t$ R5 v: E" tJuly, as there were fewer purchasers in the market due to summer vacations. In! @6 \* |7 M% v8 |$ f; R! T
August, activity resumed to the busy pace previously seen in the spring$ w1 U+ o( }9 Y- S2 _( k
months, as the influx of purchasers made it more difficult to find a home due
# n; c1 D8 M# l9 y+ gto the shortage of available inventory.% k/ ] X0 x3 w2 ^& c) ^+ i
7 A' {. Y. j5 ~6 _, {9 J
Activity in Saskatoon remained brisk as the market maintained its
: w* \" f5 K) J! fmomentum from the busy spring sales period. The economy in Saskatoon remains) u$ p# {9 t& S( P
vibrant, as employment opportunities are abundant with many businesses- o" I$ Y) v# `1 t' @
struggling to make hires and having to recruit outside the province.0 A+ u! O, u* @5 Y) M
! I. f2 Y; q+ i4 U' M
Calgary's housing market recorded blazing average house price increases
& T5 V: g1 _! vin the third quarter, in all surveyed categories. The burgeoning economy, low$ p8 f% }, x/ O, E; `- h) g$ U
unemployment rates and low inventory levels remained the leading factors that1 |+ @/ S, \2 f( E! k9 O
pressured Calgary's house prices upwards. However, regardless of the soaring
9 E0 q8 @) v( D qprices that characterized the market - even during the typically slower summer) _9 ^2 _ }5 V9 e, `
season - it is expected that activity will become slightly more balanced, as0 H7 x7 q2 V1 _5 N m
buyers are becoming more reluctant to participate in the frenetic activity.
; v8 C' x. Q) W8 r2 [+ G/ ?1 I& V6 ] A9 K+ I( T7 L3 f6 Y
Edmonton's booming local economy continued to thrive in the third quarter
7 n1 v9 w1 N0 [( tas activity in the oil sands north of the city continued to flourish. Edmonton
/ g ~" O; H+ z. _& T [0 e4 yremained the hub of activity for those coming to work in the oil industry,; v3 X1 V9 \0 T1 P! x; Z
maintaining tight inventory levels across the city, resulting in prices4 m6 i- M/ q( J# k1 r
increasing at record levels. However, as inventory levels continued to improve% L0 q6 H0 y* \) M
in the third quarter the rate of price appreciation should moderate slightly
- H& o/ A' l! j0 O8 S9 Q% Btowards the end of 2006.
$ F5 O: |% R- S: I) l" ~5 o
$ n I/ L# P. h9 ?5 SWhile Vancouver has seen a slight reprieve from the severe shortage of/ M" t# f* O: N/ C+ P- s
inventory that had previously characterized the market, supply is still unable
% i( J8 G/ J- C* \4 C- J, z9 p' }. Fto meet demand, driving house prices upwards. Vancouver has a very diverse( L5 T2 Z: s+ _: M/ ]) Q
group of active buyers - from first-time home buyers to baby-boomers to+ a- ^6 B) U; |2 O. q J
foreign investors - all of whom fuel the demand for houses, placing added
3 {6 e9 P: p5 r K: ppressure on tight inventory levels.: C6 W7 D. z. h! q! P
4 L* A5 a4 D7 {! v/ ^, F
Victoria's market is vibrant and supported by strong economic% q. K% K0 v( f
fundamentals, fuelled by a booming tech sector and a migration of young people$ F6 Q/ r( \8 X) {& F$ N) C, L' U/ X
into the city that has continued to support the area's house price increases;
' O& P# @% l V4 ^% w; k8 _while increased inventory levels have afforded buyers more time when searching6 i* g$ ]7 n& D; [) H, f& r( }
for a home, helping to normalize the market's pace.
$ _& Z( X% D3 a: ~; X/ l1 ~! \( Y* o4 w% m* z1 B
<<( N; v; Y( W# m H5 L& z
Survey of Canadian Average House Prices in the Third Quarter 2006* W1 h) Y9 h1 Y: X7 o/ v2 D
+ F1 }# Q( F' M5 W& F8 k+ Q4 k' h
-------------------------------------------------------------------------
+ i; M% v2 h0 L" P Detached Bungalows Standard Two Storey4 U3 f9 |/ k/ }( V; x% w- i# b5 Z
-------------------------------------------------------------------------
4 C2 g% q/ d+ x$ N7 j4 D# R8 B 2006 Q3 2005 Q3 Bungalow 2006 Q3 2005 Q3$ b9 A& n& M* G% b; @( H
Market Average Average % Change Average Average
4 M$ l9 g0 c3 r. [ Z! } -------------------------------------------------------------------------
- b) o- s2 F# `7 D. e* S5 x9 _ Halifax 186,333 173,333 7.5% 198,667 199,000
8 Z- ^# p2 ]3 M# L -------------------------------------------------------------------------
1 [4 {; a$ [. B& e: I' U v3 z Charlottetown 145,000 141,000 2.8% 175,000 170,0003 ?0 [% P4 s' M7 W" d- _! Z& M3 l0 h
-------------------------------------------------------------------------" y' A7 N2 H* L
Moncton 135,000 127,000 6.3% 129,000 123,000
; G6 n( w1 i; V0 p -------------------------------------------------------------------------4 o+ n$ U' g; E7 v+ i2 A( o
Saint John 141,200 142,900 -1.2% - -! k/ V5 l* q: m, _' Y
-------------------------------------------------------------------------
% `7 Y7 {/ q' j' x/ [+ N, A% i St. John's 143,667 142,667 0.7% 200,667 202,333+ N0 ~3 y; s7 I0 t0 ~( v$ `% D
-------------------------------------------------------------------------
; \0 H, B) k9 X) W! T Atlantic 150,240 145,380 3.3% 175,833 173,583
- z- Q; d8 d1 j! x/ R* L) I -------------------------------------------------------------------------. S, M2 N# z: r
Montreal 213,691 203,500 5.0% 321,141 316,185
" p, @( F J0 l -------------------------------------------------------------------------
/ _: f. P0 W# |& k Ottawa 290,083 278,417 4.2% 285,667 273,2509 ?# i. w8 S5 v! [# e# E
-------------------------------------------------------------------------
! W" a$ T6 }8 i3 `9 P3 D$ \# }8 l) u Toronto 373,368 355,882 4.9% 481,523 474,766
0 ~, P1 Q4 p+ p2 o -------------------------------------------------------------------------) S% Q/ y0 W4 J' o: P4 w P
Winnipeg 181,579 159,860 13.6% 202,337 180,707
* P: D# w- }: z% A3 t i -------------------------------------------------------------------------
p: X8 u' p, g( Y# d+ C Saskatchewan 170,667 156,083 9.3% 182,600 166,500& J ^- ~3 v2 S2 h, q- g7 J/ _
-------------------------------------------------------------------------
$ e. s3 |! @0 ^ L/ h/ g Calgary 395,067 252,411 56.5% 405,778 264,389
" S4 X! V9 B7 m -------------------------------------------------------------------------" J; G, ?1 o$ o: Z/ U4 s! F
Edmonton 286,857 194,857 47.2% 316,429 206,714
, \. C8 [6 E2 s- l- u6 T -------------------------------------------------------------------------4 R/ s& [2 o0 c
Vancouver 704,250 601,000 17.2% 794,000 697,500
4 J7 s3 x% F0 O7 R7 Y/ {" D$ k% _0 f -------------------------------------------------------------------------
' G1 @9 g2 S5 u3 y f$ G8 B Victoria 375,000 348,000 7.8% 403,000 391,000
/ K; N& }3 e8 ] -------------------------------------------------------------------------
+ u% ~' v4 m& \8 }! F# I+ U' X& o; G National 300,365 258,202 16.3% 365,380 322,860
+ X" a( r1 w/ n3 d -------------------------------------------------------------------------. T7 g5 z2 c. N# L
. |* N/ S1 X1 }
-------------------------------------------------------------
# z/ k* W8 ~# U" x' t Standard Condominium: v5 T k1 u5 R
-------------------------------------------------------------
- e5 E( r! U8 w& \' |/ b 2-Storey 2006 Q3 2005 Q3 Condo- i& f8 `5 J% @4 N& P
Market % Change Average Average % Change
! n6 p: u& o8 J6 r: p -------------------------------------------------------------
- j/ R& F. J1 c- T1 u! r3 J# i' f Halifax -0.2% 142,000 103,000 37.9%
' J+ r$ E( m& P. k* D( i -------------------------------------------------------------. G4 ~0 d! [3 ~9 [( @6 C
Charlottetown 2.9% 98,000 98,000 0.0%
; ?6 m5 k3 h! ]3 ?& y: P6 I ------------------------------------------------------------- {; J0 t$ t+ P) \
Moncton 4.9% - - N/A
2 x; g1 h% Y( M -------------------------------------------------------------
- C( R' e r* O5 o Saint John N/A - - N/A7 S1 g, }/ J# Z z
-------------------------------------------------------------
( @$ `3 S* h! |/ E: c( M& o$ o St. John's -0.8% 146,333 145,667 0.5%
# C) v; L( \( q -------------------------------------------------------------, A6 O0 s% }5 Y# J! d$ D' A# H
Atlantic 1.3% 128,778 115,556 11.4%
- c; k* X! T/ [& ^8 \$ R& x -------------------------------------------------------------
1 A7 |; a! o! J5 f: k8 K' v$ K Montreal 1.6% 193,190 188,016 2.8%
6 U7 l1 E3 z/ Q8 @4 v9 M -------------------------------------------------------------0 w# ` ]6 R2 Q; o+ m8 h% d6 E
Ottawa 4.5% 181,083 172,250 5.1%* p V* \ W' k. g( n
-------------------------------------------------------------
9 u" x, J9 N, [. }7 w/ a! ^ Toronto 1.4% 252,088 242,918 3.8%
( E9 d' S6 e k1 M2 s -------------------------------------------------------------
5 v* v/ i' q7 B: s5 i Winnipeg 12.0% 105,648 96,008 10.0%; ]+ x4 ^1 x- S5 a
-------------------------------------------------------------% h9 B) Q; a. j" R2 z+ z
Saskatchewan 9.7% 106,250 101,000 5.2% e; n0 i+ J" ?; y, J
-------------------------------------------------------------
3 k& b5 R; S8 g/ B, ?9 w Calgary 53.5% 245,844 153,867 59.8%
8 b# C( ?) @. K) z8 j -------------------------------------------------------------& Y% G# p8 T1 g; D4 J
Edmonton 53.1% 200,433 131,500 52.4%4 n6 T& M. E+ H! e! N
-------------------------------------------------------------
, T7 M! @: n& A: d8 I0 W$ o3 n6 Y Vancouver 13.8% 366,250 323,250 13.3%
$ n: l2 ^ A% D3 S -------------------------------------------------------------) T7 W9 i* D! `+ \/ S& o& r. ^
Victoria 3.1% 229,000 220,000 4.1%3 h' J( K& R7 `) _, ]+ U/ _& e: w A
-------------------------------------------------------------9 u- s& D5 z+ G8 G( A4 U3 n$ w
National 13.2% 211,562 185,296 14.2% E0 z7 d$ x+ w; G8 I, @, b
-------------------------------------------------------------6 V3 R* s4 K- Y' g( I
>>
9 {% Y) n: o( f/ q0 g: @% l# E7 k ]5 R
Average house prices are based on an average of all sub-markets examined( r2 y, F" l: I$ Y) S9 h' W
in the area, except for the smaller markets of Charlottetown, Moncton, Saint# O4 d( z Y' }7 j8 h" X( m; Y* a
John and Victoria.! g, u7 V0 ?2 C% }4 o
5 Y) M3 H/ J" W The Royal LePage Survey of Canadian House Prices is the largest, most
5 r$ M! S/ | F; Acomprehensive study of its kind in Canada, with information on seven types of
* [* c$ g# T$ Rhousing in over 250 neighbourhoods from coast to coast. This release, {" H8 I9 p" l* j$ M; }3 ]
references an abbreviated version of the survey, which highlights house price/ K/ M% i3 Z4 D G
trends for the three most common types of housing in Canada in 80 communities
* y+ O# U* Q+ M- wacross the country. A complete database of past and present surveys is
4 |$ z' L. X5 u( Kavailable on the Royal LePage Web site at www.royallepage.ca, and current
9 P/ W# ]+ W+ }+ z# hfigures will be updated following the end of the third quarter. A printable+ P( \ p% g) G# F4 t5 A
version of the third quarter 2006 survey will be available online on% q4 F. K! _2 e% E! Q6 ]
November 15, 2006.
T/ M5 E0 z" e# r/ K Housing values in the Royal LePage Survey are Royal LePage opinions of
3 Q/ }# B5 n- lfair market value in each location, based on local data and market knowledge
( m$ r+ c( Y5 A( \) kprovided by Royal LePage residential real estate experts. Historical data is
1 d1 `1 n) t G9 ]available for some areas back to the early 1970s. |
|