Federal Reserve policymakers are about to take their first break from an interest-rate hiking campaign that started 15 months ago, even as they confront a resilient US economy and persistent inflation.
Another home in one of Canada’s most affordable markets has two bedrooms, and four baths for $299,990. The Regina house listing also advertises a soaker tub, double car garage and a backyard that looks bigger than many parks in Toronto.
MOST EXPENSIVE MARKETS
The most expensive real estate markets above the national average won’t take most avid housing observers by surprise.
There are only two major regional housing markets with average home prices above $1 million.
The Greater Vancouver Area takes the cake for the highest home price above the national average ($1,123,400), which is almost double the Canadian average.
The Greater Toronto Area was close behind in February with an average price of $1,091,300, and while that might seem like a lot, it’s still 17.7 per cent lower than prices from the same time a year ago.