The average cost of
Residential Property in Canada has dropped 10 percent since February this year, from $539,720 to $488,200. This data is provided by the Canadian Real Estate Association.
The average price for
housing in Toronto fell by $108,300 at once and now stands at $1.7 million . The strongest decline was observed in Ontario. Ottawa and Hamilton-Burlington were also hard hit.
Apartment sales in British Columbia halved from February to April. In Victoria and the Fraser Valley - by 48 percent, in Vancouver - by 49. The national average in April
