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The New Housing Price Index (NHPI) was unchanged in March, following a 0.2% increase in February. Monthly price increases in eight metropolitan areas were offset by decreases in seven metropolitan areas, resulting in no change to the Canada level index.

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Developers in Edmonton say they need help from the government to try to attract more residents to the downtown area.

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Both the prime minister and premier of B.C. have both ruled out taxing foreign investors in a bid to curb rising house prices in Vancouver.

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A mortgage broker – along with a Realtor, a lawyer, a home inspector, an appraiser, and a financial planner -- have launched donthave1million.com, following a Twitter campaign of the same name. And the woman who launched that hashtag isn’t happy.

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Excluding the recession year 2009, the Housing Price Index's April performance is tied for the smallest increase in 17 years for that month.

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The British Columbia Real Estate Association (BCREA) said the province had its strongest April in more than a decade – that despite growing concern about Alberta’s economic woes spilling over the border.

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Home sales activity continues to defy expectations, with Canadians taking advantage of warm weather and low rates in April for a 10 per cent spike in sales volume.

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Economists at BMO Nesbitt Burns forecast that Newfoundland and Labrador will slip into recession this year but Alberta will narrowly avoid one.

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April housing starts across Canada were down almost nine per cent from a year ago as increases in some urban centres failed to offset declines in the Prairies.

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A sales price of $115,000 over-asking is the latest evidence that one Ontario market is a red hot one for investors.
The 2.5-storey, all-brick, detached house in Hamilton’s Kirkendall neighbourhood was listed at $499,888.

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