The housing market gap is growing says new report

A new report by Brookfield RPS shows that the speed at which house prices in Toronto, Vancouver and Calgary are growing compared to the rest of Canada is increasing.

Over the past year prices in the three hottest markets gained 9 per cent, while in the rest of the country it was 3 per cent. In a decade the ‘hot 3’ saw prices rise 83 per cent while elsewhere the gains were 60 per cent.

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