Site Archives MLS

Typical home sales reach $300,000 for 1st time


The typical selling price of a house in Canada has reached the $300,000 level for the first time ever.
Data from the MLS show’s that the typical home sold for $307,491 in April, according to the Canadian Real Estate Association.

   Average MLS price for resale home

 Region

 Apr/07

 Increase from Apr/06

 B.C.

 $431,909

 11.1%

 Alberta

 $359,640

 29.8%

 Saskatchewan

 $163,811

 23.8%

 Manitoba

 $171,130

 8.2%

 Ontario

 $299,796

 4.7%

 Quebec

 $208,693

 6.0%

 Nova […]

Rags to Riches


In some of Canada’s best neighborhoods the “Rags to Riches” fairy tales are become a part of real life. Poll results revealed that the majority of the high net worth individuals and families started from modest beginnings. Only 3% of respondents reported they were raised in wealthy/affluent households, while 79% of respondents came from lower […]