How domestic investors are fuelling Canada’s hot housing market

Vancouver home sales are up nearly 12 per cent over last year and Toronto’s real estate market further intensified last month. Sales topped a November record and average selling prices reached a new all-time high in that market. The average home price is up almost 22 per cent year over year to more than $1.1 million and cities across Canada are seeing similar tightening conditions. As Anne Gaviola explains, domestic investors are a big factor in sky-high home prices. For more info, please go to Subscribe to Global News Channel HERE: Like Global News on Facebook HERE: Follow Global News on Twitter HERE: Follow Global News on Instagram HERE: #GlobalNews ... Read More


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