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.
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.
Real gross domestic product (GDP) by industry increased in every province and territory except New Brunswick, Newfoundland and Labrador and Yukon in 2014. Nationally, real GDP by industry rose 2.4% in 2014.