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Canada’s Most Expensive Housing Market Poised for 2021 Rebound
- Vancouver prices expected to jump 9% after flat three years
- Brokerage predicts 5.5% gain nationally with cities higher
The Covid-19 pandemic has fueled a rally in Canadian home prices.
Photographer: Jennifer Gauthier/BloombergThis article is for subscribers only.
The most expensive housing market in Canada is ready to surge after three years of stagnation.
In Greater Vancouver, where the average home costs just over C$1 million (roughly $783,000), prices will rise 9% in 2021, according to a forecast from brokerage Royal LePage.