Rebalanced Canadian Economy Supports Healthy Real Estate Markets Across the Country

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Written on October 27th, 2015

Stability in real estate market provides safe haven for savers facing volatile capital markets

TORONTO, October 14, 2015 – In the third quarter of 2015, home prices showed moderate to strong year-over-year increases in most markets in Canada, according to the Royal LePage House Price Survey¹ released today.  While the effects of the crude oil shock are still filtering through the economy, the country’s non-energy sectors are beginning to regain momentum as a lower Canadian dollar stimulates sharply higher exports, particularly to the U.S., supporting overall consumer confidence and the strength of Canada’s real estate markets. +Read More