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Despite world wide pandemic, house sales and prices continue to rise.
Budapest is up 16%
Frank Knight of London tracked 150 cities ( by the latest Global Residential Cities index) and the average increase is 5.6%.... well over the stated government inflation rates.
The Top 20 Cities all show over 10% INCREASE.
The monied elite is pounding into real estate from Athens to London, from Manila to Toronto.
Toronto reported the highest price EVER achieved in a month.
According to the CREA, the HPI Benchmark Price for Ontario for January 2021 was up 27% compared to the previous year. $629,080 in 2020 and $796,884 in 2021.
The largest year over year gains were in Lakelands region of Ontario Cottage Country, Northumberland hills, Quinte and District, Tillsonburg Dist. and Woodstock Ingersoll ..............up 30%!
The above information is courtesy of Ozzie Jurock.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.