Vancouver's boom is over, but a supply shortage could keep prices up.
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Loosen restrictions and let more homes be built, industry says.
Homeowners in the 905 have basically won the lottery.
Prices up more than 17 per cent in a year.
House prices have fallen 5.6 per cent in two months.
Still a seller's market, though, Conference Board says.
Even homeowners are scared of the high prices out there.
Toronto house prices jump 12% in a year.
The average price of a house in Canada passed the $500,000 mark for the first time in February, according to data from the Canadian Real Estate Assoc...
The rush ahead of new mortgage rules will continue until the summer, NBF says.
It all comes down to supply and demand.
Excluding Ontario and B.C., house prices in Canada are actually falling.
If this keeps up, it will cost $1.46 million to buy an average single-family home in the 905 by 2021.
Prices this year could be "less frothy."
Sales of $4-million-plus homes are the fastest-growing segment of the market.
"Demand for ownership housing is expected to remain very strong in 2016."
Home sales in Vancouver soared by 40 per cent in November, compared to a year earlier.
Prices for single-family homes in suburban Toronto jumped 13...
Affordability in Toronto worst since early 1990s
Vancouver home sales soar 40%
PIMCO sees '20% negative return' on housing in next 5 years
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New condo prices haven’t grown in a year
Low-rise home prices turned downward in August
Lack of supply the main factor, BILD says
OTTAWA - The boom in Canada's housing market continued in August with sales of existing homes edging up 0.3 per cent month over month and holding at l...
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