 鲜花( 0)  鸡蛋( 0)
|
Canada's housing market both vigorous and stable
8 c. l# m0 T) O9 q* z. H: I! f) U! f) {* [3 y/ i. h9 Z7 r1 t
- Country's market poised to show growth throughout 2006 -9 y4 f1 P& Z4 z1 m! N# S. z
, D, O6 N9 r! j% l, Z% d
TORONTO, Sept. 28 /CNW/ - For most of Canada, the housing market( ?, z+ n0 }2 \& ]4 _7 w
exhibited moderate price increases and stable unit sales during the third
" w. `2 x+ Z- J3 b' ^8 y& nquarter. Wide regional variances continued to be the dominant characteristic& U6 S7 s/ f) o! u; n
in the market, exemplified by frenzied levels of activity and double digit- K7 ?5 O* |' Q6 a
price gains observed in the energy and commodity rich Western provinces, and: j8 l! F! u4 h% }$ @2 a2 z
more reasonable sales volumes and moderate price appreciation in Ontario,
" U! b/ h! c# T' ^* [Quebec and Atlantic Canada, according to a report released today by Royal7 a2 ?4 n4 g4 c1 F! Q
LePage Real Estate Services.
& u& U: V- g2 b: Y2 \( m' H8 m$ `. J$ |: `" |
Nationally, market trends established through the first three quarters1 b$ v# K' I+ Z5 Y$ q
are forecast to continue for the remainder of the year. Robust economic
9 [2 v+ |% h1 q, qconditions, low unemployment rates, modestly growing salaries and wages, and) S$ T8 P, L2 `9 u! }+ R3 X
sound consumer confidence contributed to the overall strength of the
" S) {* x! h" W+ k% C" gresidential real estate sector." `+ x& N( s. X( X# ^0 c2 E, A
8 t0 S( c. c7 Y l
Of the housing types surveyed, the highest average price appreciation# P: f; k6 E; j. ?" b Q
occurred in detached bungalows, which rose to $300,365 (+16.3%)3 x; x: N. l- F+ t6 a D- X3 i: p9 d
year-over-year, followed by standard condominiums, which rose to $211,562
7 R2 k. Q( d; Z1 x4 D(+14.2%), and standard two-storey properties, which increased to $365,380 O2 r* n5 q/ G9 G
(+13.2%).
* C) A$ u/ U" z( v
+ X* W8 ]* ^9 t; ~" a "Canada's sturdy housing market continued to demonstrate steady growth
: A1 C7 K8 y3 C- p% y Uduring the third quarter. For all but the west, we have moved on from the( s* J6 W, s! D( Y4 K
frenzied expansion that characterized the first half of this decade, and are
* b8 w7 T7 }4 E, x0 ?. t) Apoised to show continued growth at a more moderate pace," said Phil Soper,( L7 [- {8 b# M: G5 F9 B! z- Y
president and chief executive officer, Royal LePage Real Estate Services.. E7 `. D- t# o m/ r1 u
"Gone is the sellers' market that we have lived with for some years. We
& ^8 G$ F, G- M6 h4 Cwelcome the more reliable conditions that are characteristic of a healthy$ ^7 ?1 ~7 M! v0 B9 H/ E9 m! G
balanced market."2 M( L. ` Q/ [/ X+ F
# H$ `. I0 W/ z* n/ Q7 M& U0 h# P
Despite the double-digit rise in average national house prices,8 E& H0 }. L) q) s
considerable regional variances were exhibited again this quarter. The shift
/ p2 s6 x: }, @; Q) gto balanced market conditions, which began in late 2005, has continued( o1 _+ U6 e! @' p5 g* p
throughout most of the Central and Eastern regions of the country. In the core3 A! c. [9 i, I( s. l
energy producing western provinces, the combination of very high in-migration,+ o& \! N' M! q$ l; W# N! W- b
manageable affordability, and a shortage of inventory has driven record
# j2 F8 e+ }4 u; o0 r; \7 Nbreaking price appreciations.
' {' M2 [$ _; }% e2 E7 l
1 O' F5 W- z5 P" h; f Echoing the second quarter and supported by Alberta's rapidly expanding+ @% b U( V/ Q
economy, Calgary and Edmonton led the charge of Canadian cities with the d8 z! M& o' k" y$ L
largest house price appreciation in all housing types surveyed.
a6 S3 ]0 m. T0 I' s9 [: M2 o, z4 S1 |0 h: X: J
In Ottawa and Toronto, growth remained steady, supported by solid
3 F& J1 T' N3 Meconomic fundamentals, an increase in available inventory and strong consumer# P/ J$ ?5 |% O
confidence. While the pace of price appreciation in Ontario leveled off
) _8 b/ J# J" }/ F% V* o/ ~slightly, the province's real estate market remains poised for modest growth.; A" ^2 ?1 G/ ]
In Atlantic Canada, new housing and condominium construction offered buyers) H. h0 f" z6 w' R0 q5 J. ~) y
greater selection at more competitive prices, resulting in a slower rate of' U& f! S! \& F# q" O5 s- _
price appreciation when compared with 2005.# ]2 g- y, T' h: Z \7 ]; b4 c! R, Y
+ N$ O9 Q5 y8 P/ A% h5 |: J3 R7 A While the pace of growth in Canada has slowed, the domestic housing
/ w& a5 S% W. n+ ^# M3 gmarket is expected to outperform the American market. The economic and+ H: M0 _/ U+ |. u6 H' ^" }
financial fundamentals driving the residential real estate sector in Canada2 ^$ }3 l$ t4 ^- m6 _
are markedly different than those found in the United States.
8 `8 z. ^" m3 C& g7 U7 C3 Y: e0 ?$ c- \. |6 U5 U3 o
Added Soper: "Canada's housing market is likely to outperform the
0 R( j% d- P8 T2 S9 wAmerican market through 2007. A number of factors are working in Canada's
) w9 q" o& {2 ~favour, including healthy personal and governmental debt levels, the
! f: J- p% M' U1 \" f- Brelatively modest rise in interest rates in our country, and general2 u( C8 j: W9 s" U
affordability in our major cities. In addition, Americans are now seeing the
- g3 ~# K1 z9 _/ ~downside of a tax system that encourages maximum homeowner leverage, and9 Y Y0 P$ D: R2 W+ S
aggressive financial products such as zero- and negative-amortization
3 \! h, ~! B1 l2 R. Tmortgages that work only in a high price growth environment."! x2 a. M* {# F7 P& O8 \8 b
- U# p- a8 H" O: F& z$ n) g
<<
9 f! K, l+ h' J REGIONAL SUMMARIES$ l7 _6 c6 Z0 M1 H% }# ^
>>9 [* m4 N U3 ?; a* Q6 N' ?+ M5 M
) M2 c( @* e- _9 f1 {
Balanced conditions continued to characterize the housing market in/ n) K, Q E: E! A7 c
Halifax, as significantly higher inventory levels helped to moderate the rate4 u4 J* W8 h* f9 g: k |% c
of price appreciation. Buyers were increasingly choosy, taking more time6 N8 Y& g. z3 e) A
looking for newer, low-maintenance properties that were not in need of
" a6 S9 G8 X% f! Yrenovations.5 q7 K, o8 ?! H& {% m; z
3 v; v$ `% g% J) x' T2 }- c
The housing market in Moncton remained healthy and strong as a slight8 R* p' c7 z# ^; a' q- w
increase in inventory helped to moderate the rate of price appreciation
8 \ c) w4 p7 [" G0 q. _2 I6 Lcompared to the same period in 2005. Activity was brisk throughout August and/ k5 H# j/ @: C7 _2 U; F
September and is expected to remain this way through the fourth quarter.
. C: W$ [$ z8 {+ y. u3 v/ n2 W4 k
8 P8 ]* Y7 b% r$ L The housing market in Saint John underwent its traditional summer: F/ Z! \% \0 B# g
slowdown in the third quarter, with activity picking up towards the end of the5 O1 F+ Y* r4 Y3 @8 Q" s# I: C( h+ g; @
quarter. The local economy continued to thrive, as construction on a new K% e. ^( s( [* c9 h
600,000 square-foot shopping area has begun, bringing several new box stores
/ p" @* Z* y$ q( C$ }( z: Lto the area. Buyers have begun seeking less expensive fixtures for their homes
+ j( E! x- k2 \/ W# ^5 |9 S3 Sand are instead opting for more affordable housing options.& V5 ]: @8 v" G+ Q+ Z; b/ B! C
5 R* I i0 p& n5 m |" K In Charlottetown, the housing market started to move towards balanced
6 M9 M$ p' _0 v8 k0 V2 Cconditions, as some sellers had to begin to lower the asking prices on their) ~+ @0 l* P2 t0 K& u" E
homes to make them more competitive. Activity from out-of-town and US buyers
" ^ U' g$ k& Y7 m( s1 twas down slightly compared to 2005, likely attributable to the strong Canadian2 X4 Y4 _( N# D/ }/ p: Q- x
dollar. Inventory levels began to creep up in the third quarter, providing; E, M0 O3 q/ c2 u8 C f
buyers with more options when looking for a home.
# D$ N+ j6 ?; y- g0 \
. O6 j. N4 q( V& Y* T Activity in St. John's slowed slightly in the third quarter, particularly
5 k- y6 P2 b; S) Z4 o' b) aamong higher-priced properties, where there was a slight over-supply of homes
5 V1 |4 S! H' _* jpriced over $200,000. Listing periods have increased when compared with 2005,( e" g( w7 v6 ?% r8 o' E7 T
as some of the pent-up demand that had characterized the market over the last
( ~8 _; W) Z: C% v& v+ |2 kfew years has been satisfied, resulting in more normal, balanced conditions.. A9 e' C$ p7 p3 m$ j
$ B' G% u- m( o' a Montreal's housing market recorded modest increases in average house
1 M, s" Z! O1 g) e$ Z3 k x; |; nprices, due to a slight seasonal slowdown in the third quarter as inventory
$ u3 j, c- H9 u& K. _ C ulevels rose. Part of this can be attributed to the fact that many renting
$ w: N/ Z2 ^9 q) t- I! ?first-time buyers were motivated to close on the purchase of a home by July 1,0 |% |: y2 d# s0 R C
when rental leases expire in Quebec. Once this date has passed some of the
# v$ _9 a- a+ h. R8 r7 B# `5 Xpressure is taken off the market, allowing buyers to visit more homes before& m! C, V, _1 C$ W
making a purchase.0 u* V% W& T6 E% W! w( P6 I# y
7 C- t( |4 c9 k' \& J Ottawa held its position as one of the country's most stable housing
7 a" y" t, l; k; a, _markets in the third quarter, reinforced by a vibrant local economy and strong) d: @7 o v n1 d w
confidence, resulting in modest increases in average house prices. The city
5 Z+ m; C& }4 Q+ L( H$ Ocentre remained a bright spot in Ottawa, with homes in this area attracting8 n% d [2 ]; `9 f) C
attention due to their convenient location and proximity to downtown
4 V/ T' T% i7 X8 S- B/ e9 G& aamenities.
3 ?% t5 p, [& l6 P. r; G2 m! U3 P9 P
, m+ M" c4 G. [! T! y6 Q0 P The housing market in Toronto sustained healthy activity levels
3 {7 T; v$ F" u+ G% `throughout the third quarter, as a strong economy helped to maintain demand% v5 }+ W$ P! F* Z0 }+ K7 `1 p
across the city, causing average house prices to rise moderately. Toronto has( \' P+ j3 F- z7 v" ~
continued to experience modest growth in average house prices, and has been
1 H" o1 N5 A/ P/ l, wdriven primarily by purchasers who are buying homes as their principle1 V1 d( i2 y7 B: b* z
residence, rather than for investment.& o, U6 r/ L, M( J. [% j/ Y
3 u1 V) v: U+ i9 Z4 j7 O+ ]0 ^ The vibrant Winnipeg housing market continued to show its strength as
, e# N6 a% l0 L, S! ]7 shouse prices rose during the third quarter. The booming local economy resulted
& n, `- f: ]3 x, Q0 i2 ^* A' pin a historically low unemployment rate, helping to bolster consumer
, h; }' {% B# X7 a, q' ?2 Gconfidence and Winnipeg's ranking as the city with the lowest capitalization% L5 z3 c- M* \3 t) C+ G/ }
rate among the country's larger cities - helped to encourage buyers to enter2 c! a& B4 n% B/ Z4 N$ L5 `
the market.2 ]2 l5 d$ @: J: L; T( N+ u+ i7 R2 T
C7 s1 V! _/ ?4 Z0 x. t
In Regina, the market experienced a slight seasonal slowdown through
& V: M# A$ q8 I! nJuly, as there were fewer purchasers in the market due to summer vacations. In/ b6 x1 Q2 x% N. E% G: U4 l
August, activity resumed to the busy pace previously seen in the spring
4 A" y! Y# r# ]8 `' l' N3 `months, as the influx of purchasers made it more difficult to find a home due t V: C% m: r7 }4 P
to the shortage of available inventory.7 u; u o0 M4 e( ]
, ^8 J! y0 X2 `; y$ |9 i
Activity in Saskatoon remained brisk as the market maintained its
' ]7 a1 A+ M6 R+ Z- s4 Imomentum from the busy spring sales period. The economy in Saskatoon remains
5 |, \6 ~, O$ B6 ]' tvibrant, as employment opportunities are abundant with many businesses
" {& f) x$ y+ v& C) mstruggling to make hires and having to recruit outside the province.
s# B6 `; h" g+ y% \
( T! d* x' o$ G+ n# P Calgary's housing market recorded blazing average house price increases$ B4 D6 k9 q: O. }$ A) l
in the third quarter, in all surveyed categories. The burgeoning economy, low
2 i, A( J1 r( K& Z3 T9 T+ x3 j! ]unemployment rates and low inventory levels remained the leading factors that
/ n0 k- c$ s; `! d9 ^* Qpressured Calgary's house prices upwards. However, regardless of the soaring
- b4 u* w/ O& ~; Q) P$ o3 x7 j5 Pprices that characterized the market - even during the typically slower summer6 f F8 \* k6 p8 F2 V( n
season - it is expected that activity will become slightly more balanced, as, q3 N% O# f- d* C
buyers are becoming more reluctant to participate in the frenetic activity.
% F2 i2 D, g5 M4 A e4 j+ Y7 |6 ~- ]! u6 n
Edmonton's booming local economy continued to thrive in the third quarter$ d0 @( [2 J7 b$ p. E) y$ V5 D
as activity in the oil sands north of the city continued to flourish. Edmonton
( e2 v& L- a+ S' f+ r9 l6 G. p+ \8 Wremained the hub of activity for those coming to work in the oil industry,
: G/ S$ G. f" |maintaining tight inventory levels across the city, resulting in prices
! u+ d; |. g( m: zincreasing at record levels. However, as inventory levels continued to improve' s5 G# U8 L+ L- e5 y; W, L
in the third quarter the rate of price appreciation should moderate slightly
2 K. ~) m0 f& Ftowards the end of 2006.
& R8 P, ?& E L% C. e2 t6 q/ _6 q5 M: n; E1 e
While Vancouver has seen a slight reprieve from the severe shortage of
# G1 W: ]3 L4 R# g' `& s# Tinventory that had previously characterized the market, supply is still unable: h. x5 W' F7 R" ~9 I
to meet demand, driving house prices upwards. Vancouver has a very diverse5 _) v+ `8 C) x; Y2 g
group of active buyers - from first-time home buyers to baby-boomers to
7 [. r Q) ~! z, g* \foreign investors - all of whom fuel the demand for houses, placing added- Q) Y, b2 }3 V# ~4 |8 X
pressure on tight inventory levels.% V/ O, m* O2 @
1 y. k: X+ `# @ Victoria's market is vibrant and supported by strong economic. a) k+ y) \6 v
fundamentals, fuelled by a booming tech sector and a migration of young people* B, L7 n2 y, l& m
into the city that has continued to support the area's house price increases;
! R r4 E# T7 Q* `, ^while increased inventory levels have afforded buyers more time when searching1 d) ? W8 y% c5 F8 w
for a home, helping to normalize the market's pace.
! W% P* C% b, L- X" W: j K- l% z7 g
<<7 n3 C* A9 P& R
Survey of Canadian Average House Prices in the Third Quarter 2006) S2 @" ?$ |5 g
0 H& \2 \% ~$ Z* [$ h4 ^
-------------------------------------------------------------------------
. i$ N& `5 A: v$ C# R Detached Bungalows Standard Two Storey
E- i! v( i2 r, c -------------------------------------------------------------------------: l3 g) D# ^7 s: o( ]! p. t! @ ^9 x
2006 Q3 2005 Q3 Bungalow 2006 Q3 2005 Q3
2 H a4 Y. x1 L$ h* y. W: [ L5 w Market Average Average % Change Average Average5 ?, ]+ I: y; O4 y
-------------------------------------------------------------------------
/ F! |' Y+ v' C! R; I4 k9 g Halifax 186,333 173,333 7.5% 198,667 199,000; c8 }; N4 E9 Y, J
-------------------------------------------------------------------------
6 |; ]3 t7 V) K( e+ m5 g Charlottetown 145,000 141,000 2.8% 175,000 170,000: D7 X& W3 ]& h( f
-------------------------------------------------------------------------
5 y# B6 D. w( i8 C2 {) I0 I Moncton 135,000 127,000 6.3% 129,000 123,000& r$ Z" f" A. S- l4 m7 Z% T
-------------------------------------------------------------------------
, x3 v' {, V8 q Saint John 141,200 142,900 -1.2% - -
9 q" ~. O. [6 r% s3 |+ k. U -------------------------------------------------------------------------+ I1 i' G. o( N( R4 o& c3 M
St. John's 143,667 142,667 0.7% 200,667 202,333/ n! Y. W" H( c* b& F3 {
-------------------------------------------------------------------------* W: S- E9 G+ ]# c" G; D0 e l
Atlantic 150,240 145,380 3.3% 175,833 173,583
! b% ?' b; w0 q; N7 \+ O -------------------------------------------------------------------------
?2 T# Q- p/ n5 |5 Q, d% I Montreal 213,691 203,500 5.0% 321,141 316,185
: ~# b6 L7 H8 N( X -------------------------------------------------------------------------
0 @% A, N; t; v Ottawa 290,083 278,417 4.2% 285,667 273,250( m. F4 v4 b) d) k' x
-------------------------------------------------------------------------0 [1 W8 _% e: Y* I, Y
Toronto 373,368 355,882 4.9% 481,523 474,766
1 B0 [4 M. m5 j- K -------------------------------------------------------------------------
) s8 C6 V0 \! @5 d' _ Winnipeg 181,579 159,860 13.6% 202,337 180,7072 Z* J# @$ o7 x. V0 `
-------------------------------------------------------------------------
, P6 c) j" d0 l: Z v8 u6 E! ?5 ~ Saskatchewan 170,667 156,083 9.3% 182,600 166,500
$ i+ u6 Z8 F" p -------------------------------------------------------------------------
) W& H) S& J6 A5 x# j Calgary 395,067 252,411 56.5% 405,778 264,389
0 G6 W& `- S* C# J -------------------------------------------------------------------------
+ ^6 N: Y# ?1 h8 j$ ]1 \ Edmonton 286,857 194,857 47.2% 316,429 206,714
4 |4 [' R' w$ M' }+ A$ T -------------------------------------------------------------------------
+ t0 b" L. @$ m; Y' j" _: {3 I Vancouver 704,250 601,000 17.2% 794,000 697,500
; Y; Y% M2 y8 d6 E9 [ -------------------------------------------------------------------------) L9 \% ^$ e$ n% g) u' v, q9 A. \7 X
Victoria 375,000 348,000 7.8% 403,000 391,000; y( F X' ~3 z6 V' j6 ^
-------------------------------------------------------------------------
, ^7 o! ]# X, Q National 300,365 258,202 16.3% 365,380 322,8601 V- M0 c! y$ H6 ?9 [; q
-------------------------------------------------------------------------0 J9 a* D# m. l2 l' W- j
5 J0 v" l l& y$ |
-------------------------------------------------------------
7 A5 y1 n6 K/ z- N; ~ Standard Condominium% R4 P4 ~. ? d, S U( B+ ?4 x/ g
-------------------------------------------------------------9 Y G7 E7 n m, i2 N; |
2-Storey 2006 Q3 2005 Q3 Condo
) s6 Q+ h( x9 N! [+ ]2 f2 X( e Market % Change Average Average % Change
5 K( [/ s# N6 K& x -------------------------------------------------------------' v$ \3 K4 Z" F/ Q. x5 @/ d
Halifax -0.2% 142,000 103,000 37.9%
4 t& y! D. t4 r; c* T. d7 y& g -------------------------------------------------------------# S8 a% ]1 n, {; N
Charlottetown 2.9% 98,000 98,000 0.0%) c5 z2 E/ I+ e( N8 F( e
-------------------------------------------------------------1 J3 ?1 v4 U' R4 a, X M" x* f
Moncton 4.9% - - N/A
5 y7 _! m: g6 l& m -------------------------------------------------------------
6 @- D- T8 [5 L0 I" n5 b Saint John N/A - - N/A
: X% m# |; T# q" [# }0 k -------------------------------------------------------------
- J- q: F# \2 `: ?2 h8 } St. John's -0.8% 146,333 145,667 0.5%) q% n) L% \3 Q _1 \
-------------------------------------------------------------
. w& }0 s& t5 s' c! Y8 a Atlantic 1.3% 128,778 115,556 11.4%& O8 C, @* a$ K# W3 [, ^
-------------------------------------------------------------
- o8 A3 d3 D9 [* h* I9 X; H Montreal 1.6% 193,190 188,016 2.8%# U" |! X, t' L4 w3 a
-------------------------------------------------------------
! n* a& U0 y# J- H5 | Ottawa 4.5% 181,083 172,250 5.1%/ ^. y1 l7 M- K; h
-------------------------------------------------------------3 @! p8 W5 x- _7 T& o8 h
Toronto 1.4% 252,088 242,918 3.8%
2 {% q$ y' z' j9 |/ I; o+ f0 B -------------------------------------------------------------3 K0 w/ K( M$ Y
Winnipeg 12.0% 105,648 96,008 10.0%
0 X7 ]8 I" R, h" I# O+ O -------------------------------------------------------------; Q. d: [+ o6 p; c/ `$ F7 ?
Saskatchewan 9.7% 106,250 101,000 5.2%
8 Y$ K4 Y/ Y" B6 ~* p- H' h -------------------------------------------------------------* O8 b( Z& [1 ]& v! s
Calgary 53.5% 245,844 153,867 59.8%( }0 E9 I$ h" {
-------------------------------------------------------------! U7 J# h1 M6 U
Edmonton 53.1% 200,433 131,500 52.4% g l, z% S9 q/ p) i1 _4 Q1 i
-------------------------------------------------------------
8 d0 `# o! Y1 w0 T; i0 E Vancouver 13.8% 366,250 323,250 13.3%) S/ j7 U9 d9 u# p
-------------------------------------------------------------! ~/ N+ z; @. R& h" {" x
Victoria 3.1% 229,000 220,000 4.1%4 h" D2 b4 |! x. y2 U
-------------------------------------------------------------
3 t, ~( I! F/ K& D/ \- C- |& z National 13.2% 211,562 185,296 14.2%
! k; H& r: K# c3 K4 c5 h -------------------------------------------------------------
; A I L, G6 p; ~ >>& z# I3 a5 c# a2 ~& i3 |6 x1 F
' ]( }0 |/ p: K Average house prices are based on an average of all sub-markets examined% ^0 E! k1 Q/ B1 q5 S. n( t, s1 k
in the area, except for the smaller markets of Charlottetown, Moncton, Saint
7 N" Y% n; A; E9 _John and Victoria.7 [% T( W4 {5 s. Z. I
7 \1 M, z3 A/ ^& K, Q% b4 [
The Royal LePage Survey of Canadian House Prices is the largest, most
0 R3 p) z# F! p0 Ecomprehensive study of its kind in Canada, with information on seven types of. n, h5 ?, W) O
housing in over 250 neighbourhoods from coast to coast. This release
; u5 h; v0 r9 `( E5 h% \' P' Kreferences an abbreviated version of the survey, which highlights house price% i# O# P. N1 c4 n% P) M5 A: k, x* [
trends for the three most common types of housing in Canada in 80 communities
; M( \% y% |9 R9 P4 macross the country. A complete database of past and present surveys is
& `/ a$ f9 M7 R/ @7 Q/ Xavailable on the Royal LePage Web site at www.royallepage.ca, and current
" n- _: f, H# ?/ cfigures will be updated following the end of the third quarter. A printable$ h _% D b" Z2 N( {0 O
version of the third quarter 2006 survey will be available online on+ N9 @: e4 p/ V$ r/ M
November 15, 2006.
3 m9 o7 y' c$ \" i, t! A: H8 t Housing values in the Royal LePage Survey are Royal LePage opinions of; [: L; V( [' T# r/ N
fair market value in each location, based on local data and market knowledge
8 o* d- P0 f3 _1 T7 s! Q' mprovided by Royal LePage residential real estate experts. Historical data is* I4 R# z0 P2 V' L0 A5 k' C
available for some areas back to the early 1970s. |
|