Housing prices in Toronto, Vancouver expected to rise again: Re/Max
A home with a reduced price is shown in a once vibrant city of Windsor, Ont., in this January 2012 file photo. (Nathan Denette/THE CANADIAN PRESS)
The Canadian Press
Published Tuesday, April 15, 2014 9:02AM EDT
TORONTO -- A new study says Toronto's housing market is expected to remain hot for the rest of the year, estimating prices will continue to rise about eight per cent this year -- in line with the pace set in March.
The study by the Re/Max real estate group says Vancouver's prices are anticipated to rise by two per cent this year, less than the 5.4 per cent pace set in March.