Canada’s house prices surging!
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Canada’s housing market continues to grow stronger, despite repeated market-cooling measures and an economy that is struggling.
House prices in Canada’s eleven major cities rose by 11.42% during the year to August 2016 (10.21% inflation-adjusted), up from a modest 5.39% y-o-y growth during the same period last year, based on figures from Teranet – National Bank of Canada.
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