Housing Costs Increasing In Canada

Survey shows majority of Canadian developers expect costs increases in the next twelve months.

1 minute read

October 13, 2001, 8:00 AM PDT

By Abhijeet Chavan @http://twitter.com/legalaidtech


"You will be paying substantially more for a new house in virtually every Canadian city over the next year, and demanding buyers are part of the reason.Statistics Canada?s New Housing Price Index, an index of contractors' selling prices, rose 2.6 percent this spring compared with the first quarter of 2000. This was the highest annual increase since May 1990, when the index advanced 3.8 percent."

Thanks to Abhijeet Chavan

Thursday, October 11, 2001 in Inman News

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