Pursuits
Home Prices in Canada’s Biggest City Gain Most Since 1989
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May was the biggest month for Toronto new home prices in 27 years.
Prices in Canada’s largest metropolitan area rose 1.9 percent in May, and were up 6.4 percent from a year earlier. Nationally, home prices rose 0.7 percent in May, the largest monthly increase since 2007, Statistics Canada reported Thursday.