03-05-2017, 09:28 AM
(03-04-2017, 09:08 PM)rangersfan Wrote: February home sales report:
http://www.kwar.ca/february-sales-frenzy/
Some figures for the average detached selling price over the past couple of years :
Oct 2015 $417,891
Nov 2015 $412,581
Nov 2016 $473,104
Feb 2017 $549,691
From the article: “The dream of homeownership is very much alive and well,”
For who and for how much longer?
I would like to see the median to know if it was a few outliers skewing the average or if it was across the board.
This is not sustainable and is not going to end well for many:
![[Image: kitc_chart05_xhi-res.png]](http://creastats.crea.ca/kitc/images/kitc_chart05_xhi-res.png)
Everyone move to the back of the bus and we all get home faster.