Our RE/MAX Housing Market Outlook 2014 examined trends and developments in 25 major centres across the country. Released on December 11th, the report found that the number of homes sold is expected to match or exceed 2012 levels in two-thirds of markets examined in 2013. Nationally, home sales are expected to hit a five-year high of 466,000. The price of an average Canadian home is forecast to climb to $380,000—setting a new record for price.
Not bad for a market that started with a whimper as opposed to a bang.
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