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Canada's housing market both vigorous and stable ' O9 p) {& H' R0 a# O8 @
4 D0 I; B( F, w7 @
- Country's market poised to show growth throughout 2006 -$ n& b6 I' Z' i2 e5 _) ]
, e; }7 t, p6 ^ L0 A
TORONTO, Sept. 28 /CNW/ - For most of Canada, the housing market% h( n. Z7 }, v; W# Q( y" |2 B
exhibited moderate price increases and stable unit sales during the third
' V( b q ]- P/ Oquarter. Wide regional variances continued to be the dominant characteristic
: C1 y6 [9 b! l+ r' tin the market, exemplified by frenzied levels of activity and double digit
0 _0 x( ^4 C. t1 w) cprice gains observed in the energy and commodity rich Western provinces, and
/ ^5 e, s/ x$ D4 p5 E; ]: ~more reasonable sales volumes and moderate price appreciation in Ontario,
4 [2 \3 H! j5 i$ m. k- rQuebec and Atlantic Canada, according to a report released today by Royal
# h7 q8 H, ^& {7 NLePage Real Estate Services.! C& b5 E7 p$ C
; g ]( z' u1 }5 |0 D" |: }0 @ Nationally, market trends established through the first three quarters
+ D6 t% r) P6 T9 Z$ D6 l2 U+ A# Uare forecast to continue for the remainder of the year. Robust economic" S2 }. u2 O# X& C6 e/ G v- y1 N/ J
conditions, low unemployment rates, modestly growing salaries and wages, and7 [" r1 ^, x- ^. n9 S' K. u2 m) y
sound consumer confidence contributed to the overall strength of the; h) g' v! |( i0 x! k& y+ q
residential real estate sector.# u: v1 H$ c5 U o8 _) N" I% W
" a* o4 F. `* |, N/ f! ~0 h# n0 S! x# F Of the housing types surveyed, the highest average price appreciation9 x$ r3 T( a# Q+ r; a P
occurred in detached bungalows, which rose to $300,365 (+16.3%)
9 j7 F P; k7 _year-over-year, followed by standard condominiums, which rose to $211,562
; Q" L3 T- |0 a: U: J(+14.2%), and standard two-storey properties, which increased to $365,380/ o& L6 j, w; R; z, ^) K
(+13.2%).
, ]# b# D8 d: x
' X! p* V, T5 h i) i "Canada's sturdy housing market continued to demonstrate steady growth2 n, b$ h: G3 X; m5 D, J8 s
during the third quarter. For all but the west, we have moved on from the
[2 L% A, r' C; n) _( U6 D% m5 Jfrenzied expansion that characterized the first half of this decade, and are) `/ k& x2 @" B6 u! e
poised to show continued growth at a more moderate pace," said Phil Soper,4 q& B' c" ^6 ?+ M0 `2 w0 G
president and chief executive officer, Royal LePage Real Estate Services.
5 b) {: C' F# T/ E! b"Gone is the sellers' market that we have lived with for some years. We
0 ]1 I4 Z; u7 r% ]. D9 r* u: \welcome the more reliable conditions that are characteristic of a healthy
& B7 A$ C5 U* d! [- [1 @balanced market."6 l4 X2 G! s- }
. \5 o) N# p8 q9 |0 [' l Despite the double-digit rise in average national house prices,
2 r/ P. V$ ^- l) I% S0 k: F% _' {1 mconsiderable regional variances were exhibited again this quarter. The shift5 Z/ m/ n; i g
to balanced market conditions, which began in late 2005, has continued
9 }6 D+ B Q% e- Y. P6 l+ ?throughout most of the Central and Eastern regions of the country. In the core4 w$ r4 ~0 i* F- y. ~
energy producing western provinces, the combination of very high in-migration,* C S6 P' X3 D& u- r( [' _9 |/ r6 W
manageable affordability, and a shortage of inventory has driven record
, @1 F& {* f# f" w; J" G2 pbreaking price appreciations.
! H* S; s8 D- @) _4 ]8 Q
7 g6 H6 b" o b* E Echoing the second quarter and supported by Alberta's rapidly expanding
$ N6 {0 [ C! meconomy, Calgary and Edmonton led the charge of Canadian cities with the& a, o4 E8 [- B6 M% j* k
largest house price appreciation in all housing types surveyed.
- A0 {: d S/ {- q) Z( W' y
7 @+ C; p4 A3 @' r6 v" O+ d" K In Ottawa and Toronto, growth remained steady, supported by solid( j( |0 S# @( _- c
economic fundamentals, an increase in available inventory and strong consumer- a, h o2 O# |7 w
confidence. While the pace of price appreciation in Ontario leveled off
1 Z' S: z1 m( ?3 P1 c+ R2 T8 @slightly, the province's real estate market remains poised for modest growth.
g# _; c. a7 F4 E" M UIn Atlantic Canada, new housing and condominium construction offered buyers
6 a7 b( \* G vgreater selection at more competitive prices, resulting in a slower rate of
( o/ B: s8 _6 I9 z# A: N4 Gprice appreciation when compared with 2005.
4 C- R1 Z" I* N
9 v4 w2 @. f6 S4 b; k3 r While the pace of growth in Canada has slowed, the domestic housing3 ~7 x& f4 [" R' J- g, |
market is expected to outperform the American market. The economic and5 I$ k& Z9 P8 \3 `# C6 t6 s
financial fundamentals driving the residential real estate sector in Canada- {$ d, b3 ]0 u/ E
are markedly different than those found in the United States.9 B4 U. w7 C9 O' ~; _$ V6 D5 Z
2 o/ _1 L$ K+ f
Added Soper: "Canada's housing market is likely to outperform the L7 o- d# W4 ~% t# q
American market through 2007. A number of factors are working in Canada's
) g: _/ f. c- X2 ?favour, including healthy personal and governmental debt levels, the: o9 e6 Y3 P7 T1 ~
relatively modest rise in interest rates in our country, and general3 ~: Q2 o) W! c
affordability in our major cities. In addition, Americans are now seeing the" d) ~4 ~. S# f
downside of a tax system that encourages maximum homeowner leverage, and$ B2 ?4 _4 P: T' R) n* P
aggressive financial products such as zero- and negative-amortization. ~7 T- {' u- R
mortgages that work only in a high price growth environment."
( N& E! \0 }/ e) u, h/ W3 g& T' n* i/ b6 S
<<
) G4 m7 X6 m4 @, \ REGIONAL SUMMARIES: G3 ?0 V5 K2 b+ Y1 W
>>+ v, E& x0 O( z |+ K3 e
; i4 ^# l& w2 n$ C2 T5 c2 _- H* p
Balanced conditions continued to characterize the housing market in0 L- O* z h b' s" h- p. U
Halifax, as significantly higher inventory levels helped to moderate the rate
- j( f: C. t5 ^1 V: V* a. y. T# fof price appreciation. Buyers were increasingly choosy, taking more time
- h, n- i! a6 Y. V, n1 H+ @ Tlooking for newer, low-maintenance properties that were not in need of$ ` I) _) ]1 E% S
renovations.
& v8 F0 T4 W8 c2 D0 E; e0 y" j' J# E4 N* u6 U
The housing market in Moncton remained healthy and strong as a slight
- S" z" w z7 R8 G9 P6 B& L* Zincrease in inventory helped to moderate the rate of price appreciation
$ s2 ^: R- X# `+ t: jcompared to the same period in 2005. Activity was brisk throughout August and) u/ J% C5 S* [- ~: ]
September and is expected to remain this way through the fourth quarter.
; J, R5 Q @! p4 t8 }& L2 y
% m. H8 `7 k! C/ Z6 H3 j) c The housing market in Saint John underwent its traditional summer
1 i- u* ]# k' i7 i: H& fslowdown in the third quarter, with activity picking up towards the end of the
' H8 q& d$ ]3 U5 M& E5 iquarter. The local economy continued to thrive, as construction on a new
; N( Z. ?: b3 P: m600,000 square-foot shopping area has begun, bringing several new box stores
9 x0 A, N! A0 u+ eto the area. Buyers have begun seeking less expensive fixtures for their homes, E- T" f. W. }; c; N* e$ _
and are instead opting for more affordable housing options.
3 T3 D A4 Y R* N% g- P- }
) b( u6 S7 c; A; Z4 y In Charlottetown, the housing market started to move towards balanced
T' K$ o9 [+ t0 ], L" econditions, as some sellers had to begin to lower the asking prices on their1 H9 Q$ b- \6 k. F& S
homes to make them more competitive. Activity from out-of-town and US buyers
3 u; g, e A( |5 B6 cwas down slightly compared to 2005, likely attributable to the strong Canadian
/ j; o; @* Q% Y* Qdollar. Inventory levels began to creep up in the third quarter, providing7 Q" R7 Y A8 B" o/ h* P! e
buyers with more options when looking for a home.! N2 D5 j3 h5 A, w
, \. N s- U6 ~- [1 a
Activity in St. John's slowed slightly in the third quarter, particularly
7 Y6 x8 L- R# mamong higher-priced properties, where there was a slight over-supply of homes
) Q5 t/ C$ N7 [6 S# R) e1 Y# cpriced over $200,000. Listing periods have increased when compared with 2005,
1 o' I. D2 X& C! p9 n* R; Gas some of the pent-up demand that had characterized the market over the last
& }: {. \) F3 ?% X+ {$ }! vfew years has been satisfied, resulting in more normal, balanced conditions.0 j( o' S' S, s
: H U9 }0 r6 `, w- Z# w' O
Montreal's housing market recorded modest increases in average house
/ s' U; f2 W4 v2 R2 `prices, due to a slight seasonal slowdown in the third quarter as inventory: ^- |% F6 h) }; u" F
levels rose. Part of this can be attributed to the fact that many renting
0 H( c( t8 F1 h% v6 dfirst-time buyers were motivated to close on the purchase of a home by July 1,7 G( M* i3 M% y8 q5 @4 R, {. P9 ?
when rental leases expire in Quebec. Once this date has passed some of the
2 R2 ~* e, m2 E# r) I; \# Lpressure is taken off the market, allowing buyers to visit more homes before
% o* [) Z4 j/ J; K+ v" b# Ymaking a purchase., H. U! A% R& @6 t
- k4 W ]* _* x8 \5 v1 n2 V Ottawa held its position as one of the country's most stable housing: p6 N' B0 u" y$ V, _1 H' Y
markets in the third quarter, reinforced by a vibrant local economy and strong( J$ A, y0 d$ L* y3 \# o+ p
confidence, resulting in modest increases in average house prices. The city- j5 D2 I& m( @* B
centre remained a bright spot in Ottawa, with homes in this area attracting& Q9 n' l+ E1 o: \, p* s* \! ^9 F
attention due to their convenient location and proximity to downtown
/ f" M/ |0 O1 f3 y9 Damenities.; i# v. h1 R. P2 Z
& e+ w% C; p R( t- ^ The housing market in Toronto sustained healthy activity levels
; |2 k4 Y( Y$ Pthroughout the third quarter, as a strong economy helped to maintain demand3 _. {4 w$ d& E
across the city, causing average house prices to rise moderately. Toronto has
2 p" G8 K; g( r4 W; B' hcontinued to experience modest growth in average house prices, and has been
2 ?2 E3 F' G) N4 Bdriven primarily by purchasers who are buying homes as their principle6 N* Z; q5 m: @: L7 K. L: F
residence, rather than for investment.
9 U# c# A+ b/ b6 k q* @/ W4 a0 Y7 q
5 k& U7 X+ J7 D3 Z The vibrant Winnipeg housing market continued to show its strength as. \& k2 F5 H+ N) J/ O1 _) g6 w* ?' |
house prices rose during the third quarter. The booming local economy resulted% _! l, B- ]9 V W5 s( _" o
in a historically low unemployment rate, helping to bolster consumer
* }$ G' n2 X2 y! Nconfidence and Winnipeg's ranking as the city with the lowest capitalization
( _- v7 {7 e4 ?1 vrate among the country's larger cities - helped to encourage buyers to enter) g' K4 g V! l5 x+ H% K) g
the market.
i( ]# ?# y0 T9 F
5 B F# P7 E& P( C2 P' Z In Regina, the market experienced a slight seasonal slowdown through S8 V9 { l! F& C7 Y* |
July, as there were fewer purchasers in the market due to summer vacations. In
" |5 R9 y; [+ S5 s4 gAugust, activity resumed to the busy pace previously seen in the spring' l ]- b2 T* N: @7 ~0 ~) [: {
months, as the influx of purchasers made it more difficult to find a home due
0 F2 f( x q% J5 wto the shortage of available inventory.! I) r" {# |. R0 a. D; O8 a7 s
) R5 r+ a; m1 p) M: I6 ]
Activity in Saskatoon remained brisk as the market maintained its
. g& d0 m8 E% _5 w! y5 r" `8 ]( Hmomentum from the busy spring sales period. The economy in Saskatoon remains1 [' c8 O! O* {, [3 I# Q$ | Y. X
vibrant, as employment opportunities are abundant with many businesses
2 N6 Y5 q* d" [" k6 K1 \" H3 W* Hstruggling to make hires and having to recruit outside the province.
" C8 K5 _) r: N7 n! z% f6 [
& N5 L. d" `9 ~: \ Calgary's housing market recorded blazing average house price increases+ G7 _' @. J& g& `1 w2 ^( p; L" o
in the third quarter, in all surveyed categories. The burgeoning economy, low, k) y6 K$ H& N u) A
unemployment rates and low inventory levels remained the leading factors that U1 X0 N2 y! `
pressured Calgary's house prices upwards. However, regardless of the soaring5 Q, X$ [6 {4 z1 [
prices that characterized the market - even during the typically slower summer3 J* ^, s/ B3 t% |0 u
season - it is expected that activity will become slightly more balanced, as2 u9 Y [8 n9 b+ J5 O' j
buyers are becoming more reluctant to participate in the frenetic activity.% r4 f2 G; m# |- |6 A( t2 D
- O4 [7 ~2 i4 t- T, x* w+ c
Edmonton's booming local economy continued to thrive in the third quarter
9 ?6 e, G# z7 {/ X1 Eas activity in the oil sands north of the city continued to flourish. Edmonton" X- m- Z3 P) r' M3 v
remained the hub of activity for those coming to work in the oil industry,
; ]0 i9 T. U1 q/ Y$ `maintaining tight inventory levels across the city, resulting in prices& a8 i- H: U4 f: ^' m
increasing at record levels. However, as inventory levels continued to improve3 M1 I& t' U0 P% N
in the third quarter the rate of price appreciation should moderate slightly
& ~. s3 `7 I' Z6 b) S6 [2 Ntowards the end of 2006. y7 Q0 q( \# D6 f% h+ q
& c; Z2 N# l2 M! g* h* {' N
While Vancouver has seen a slight reprieve from the severe shortage of
0 f m% [5 F+ i# \/ R2 n; cinventory that had previously characterized the market, supply is still unable
9 j$ j- F7 I- w6 I; D/ X) yto meet demand, driving house prices upwards. Vancouver has a very diverse
! l) ^9 I- |# dgroup of active buyers - from first-time home buyers to baby-boomers to- K$ J; T& \5 D, m# T8 T
foreign investors - all of whom fuel the demand for houses, placing added4 s( P5 _. Z8 U$ p- `* [
pressure on tight inventory levels.
" X) Q5 u! {1 j' m+ f5 J* y
& C! W; |+ o! u. Y Victoria's market is vibrant and supported by strong economic
2 E9 M7 f3 R7 G- Z2 cfundamentals, fuelled by a booming tech sector and a migration of young people
: w* m2 x; d B4 P* Linto the city that has continued to support the area's house price increases;4 k2 _* O) F6 d" ~& E
while increased inventory levels have afforded buyers more time when searching
; C) G2 ?$ X' E1 U" i. F; rfor a home, helping to normalize the market's pace.
) `( H. C% e2 i; N3 W: k
5 w2 s8 x9 e3 i$ F5 ^" C( b <<& \9 v. Q' e* X |! N$ |
Survey of Canadian Average House Prices in the Third Quarter 20069 I" W1 l0 X, ?8 t
' C! k8 S6 S$ }. J4 c# m
-------------------------------------------------------------------------2 W2 T/ k" R1 w9 }/ Z
Detached Bungalows Standard Two Storey0 x& [& ~: M% W
-------------------------------------------------------------------------
1 w' H8 P: U6 F6 ^- i0 e3 B 2006 Q3 2005 Q3 Bungalow 2006 Q3 2005 Q3
/ S* O5 l$ |- x) i+ o) @ Market Average Average % Change Average Average
+ ~8 {! V, m+ M F% y, z$ X -------------------------------------------------------------------------# N- t' i6 j8 R B
Halifax 186,333 173,333 7.5% 198,667 199,000
$ V( C" ^# ^1 {- d8 L" t -------------------------------------------------------------------------
3 c2 C$ Y6 J7 I7 Y Charlottetown 145,000 141,000 2.8% 175,000 170,000( E% Y2 ^7 _. z1 e6 c
-------------------------------------------------------------------------
9 z4 v4 P1 V* T- v% {$ t4 H K Moncton 135,000 127,000 6.3% 129,000 123,000
% s0 p- ]1 Y; ~! r -------------------------------------------------------------------------
; K9 v) b4 a- C; l0 |" V) N Saint John 141,200 142,900 -1.2% - -
" F' p8 ~$ ]1 P. X- X6 h" K/ E -------------------------------------------------------------------------" K3 l5 i4 B! q) S0 i1 j1 y& l% w' R9 p
St. John's 143,667 142,667 0.7% 200,667 202,333
, M) V1 M f" H; l0 Y9 w -------------------------------------------------------------------------6 K+ t6 O8 r) E, E8 _& U ?
Atlantic 150,240 145,380 3.3% 175,833 173,583
! [ B, ?6 R4 |, K -------------------------------------------------------------------------0 ^# A+ h+ N7 h% y D' P$ |
Montreal 213,691 203,500 5.0% 321,141 316,185+ y+ l5 E. ^, \) k/ }" |, e
-------------------------------------------------------------------------' {& c! |' {) C( I5 U: s5 J
Ottawa 290,083 278,417 4.2% 285,667 273,2504 `. n# _' f0 O
-------------------------------------------------------------------------. S/ k' v6 b& o) a* O
Toronto 373,368 355,882 4.9% 481,523 474,766- Y" o7 E1 j( y h1 k
-------------------------------------------------------------------------
, d5 D! q" e* b1 q1 C5 M( p! c Winnipeg 181,579 159,860 13.6% 202,337 180,707- x1 x! ?3 G. r+ E7 d" u: l4 c
-------------------------------------------------------------------------
U! Y7 S8 P4 W- {+ g4 P Saskatchewan 170,667 156,083 9.3% 182,600 166,5008 C6 G0 D. l9 H6 J
-------------------------------------------------------------------------
4 a2 J9 w7 W! {8 Y Calgary 395,067 252,411 56.5% 405,778 264,389( }) V/ M* N2 D z, o& Q
-------------------------------------------------------------------------
3 U3 D& h4 [/ S0 i Edmonton 286,857 194,857 47.2% 316,429 206,714
" j3 W- _( ]& O+ l% s -------------------------------------------------------------------------7 ^3 F/ S1 J4 `2 e# m* d: u! `, f
Vancouver 704,250 601,000 17.2% 794,000 697,500
3 d7 h( m! A" M% D! R9 G -------------------------------------------------------------------------
4 @) x5 {$ x. E3 N Victoria 375,000 348,000 7.8% 403,000 391,0000 Z' ^ K" V$ i
-------------------------------------------------------------------------
7 o: `/ o% p: C4 q4 J8 _ National 300,365 258,202 16.3% 365,380 322,860
7 V7 r& v( e. m! c$ ~( ~ -------------------------------------------------------------------------* q/ w3 u: f3 y4 n& V0 G. {+ U
) Y* T7 B* _2 \" H4 p; C -------------------------------------------------------------
( `$ y' `" x+ S Standard Condominium- W& e* t& ?5 C& Q3 i% `
-------------------------------------------------------------# k, U0 ? |2 [, S _! U& i
2-Storey 2006 Q3 2005 Q3 Condo& n/ Y3 e; O4 I3 I- I- y
Market % Change Average Average % Change7 x8 E- E( Z8 |! T, ]- _$ N
-------------------------------------------------------------8 L# f5 ~8 I* b+ ^
Halifax -0.2% 142,000 103,000 37.9%
8 |6 l) e; M! _% ~2 _0 } -------------------------------------------------------------! }4 a6 w& f! h% r* ?0 X" R8 }
Charlottetown 2.9% 98,000 98,000 0.0%, w) v3 Z, `- J; _$ y A9 D
-------------------------------------------------------------$ ^/ u/ X: X% }( x8 @
Moncton 4.9% - - N/A% C8 x* I# U7 n, H7 ^* Y3 j0 Z
-------------------------------------------------------------
: L0 c) v. ]& P2 s# K( j0 l+ l w Saint John N/A - - N/A M# M" E0 S8 Z# n) y4 L
-------------------------------------------------------------
3 z; }: t, C+ K- n! n St. John's -0.8% 146,333 145,667 0.5%
1 o) ]' m0 t& [) c d! K$ P -------------------------------------------------------------
2 N2 A$ ^( d" P4 [* R+ c Atlantic 1.3% 128,778 115,556 11.4%% w! \$ l0 w9 z2 v+ F) w* ?
-------------------------------------------------------------
" B) i6 \. W7 f3 S: t Montreal 1.6% 193,190 188,016 2.8%
4 P f; K/ \5 g" c7 W1 U) J8 z. Z5 Q -------------------------------------------------------------2 C, ?( J: I) p. H
Ottawa 4.5% 181,083 172,250 5.1%
2 G; M7 K2 r9 e" s2 [( k -------------------------------------------------------------" V! p4 Z+ a# p) J% {+ V; @; T
Toronto 1.4% 252,088 242,918 3.8%3 [% s2 _" X5 ^1 }8 l
-------------------------------------------------------------9 U/ X( q, h& [) P- G8 f5 P
Winnipeg 12.0% 105,648 96,008 10.0%
$ ~* o/ P1 i; @$ W1 D -------------------------------------------------------------
; |; o C! {5 ~8 b: C1 W Saskatchewan 9.7% 106,250 101,000 5.2%1 |( w( h" q/ i& Y# I. ?& v+ m
-------------------------------------------------------------
" h& }! e, }0 h5 Y Calgary 53.5% 245,844 153,867 59.8%1 Y. i. @8 ^! G6 W6 o" U' p% D
-------------------------------------------------------------4 f R' b; p: A, d6 ^) v
Edmonton 53.1% 200,433 131,500 52.4%9 [4 _! b& K6 d: e1 j
-------------------------------------------------------------
6 z8 u& ?7 U, [ G. w, G0 @ Vancouver 13.8% 366,250 323,250 13.3%. z2 B; w1 Q g7 }: a, { }, @6 k
-------------------------------------------------------------
$ P* m1 A1 H5 e. ~# L Victoria 3.1% 229,000 220,000 4.1%0 r, c Y8 v# b: k- C
-------------------------------------------------------------; e0 L/ v2 v+ u( c3 t' ]' _: \
National 13.2% 211,562 185,296 14.2%& B' J: C( ?- J+ N6 G) L( r$ ^
-------------------------------------------------------------- j! E% Y& P$ b7 K8 `8 T- @
>>
' z! @8 H- ]2 J/ r. a( a! E# J/ q8 X. B( b5 U+ M& t
Average house prices are based on an average of all sub-markets examined
9 {6 I% p. A9 O! r" c) z4 \in the area, except for the smaller markets of Charlottetown, Moncton, Saint
2 l8 V: g/ I7 |! m* g+ \& L- P* |, @John and Victoria.( I$ D5 P5 G+ C* I! ~
6 a- b' L4 J3 p) h$ |3 ?
The Royal LePage Survey of Canadian House Prices is the largest, most
. o1 M$ ^) M$ k" v6 gcomprehensive study of its kind in Canada, with information on seven types of5 W, u% p: T7 _* P
housing in over 250 neighbourhoods from coast to coast. This release
6 g) G8 t3 l4 f( t0 freferences an abbreviated version of the survey, which highlights house price! G/ H+ r" P; i$ v
trends for the three most common types of housing in Canada in 80 communities: h/ V6 ^' I/ q/ y8 u; [8 f
across the country. A complete database of past and present surveys is3 @$ U1 A" l( B7 r& A* z( K
available on the Royal LePage Web site at www.royallepage.ca, and current
0 M/ w: }6 ~0 d$ q3 tfigures will be updated following the end of the third quarter. A printable: J1 O+ C" v& O& S: V
version of the third quarter 2006 survey will be available online on8 b! O( x" }! y9 q: h/ H
November 15, 2006.$ `& {( [! W7 C" a6 n
Housing values in the Royal LePage Survey are Royal LePage opinions of
1 `1 w* p4 y& f/ [8 w3 m8 o" ufair market value in each location, based on local data and market knowledge) X& A# O$ C. \: l, R' \ }
provided by Royal LePage residential real estate experts. Historical data is5 @4 x1 ? U7 m: O5 A! Q
available for some areas back to the early 1970s. |
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