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Royal LePage Predicts Further Home Price Appreciation Contrary to Recent Talk of Decline
Royal LePage Market Survey Forecast

  

 

 
National real estate price correction not likely until 2013 at the earliest

TORONTO, February, 2012 –The Royal LePage House Price Survey and Market Survey Forecast released today showed the average price of a home in Canada increased between 3.6 and 6.1 per cent in the fourth quarter of 2011, compared to the previous year. Royal LePage expects average price growth to continue through 2012 and predicts national average prices to increase by 2.8% by the end of the year.

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