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According to the Royal LePage House Price Survey and Market Survey Forecast, the price of a home in Canada rose 6.8% year-over-year to $673,072 in the second quarter, due to low inventory levels and pent up demand. As a result, Royal LePage has revised its Canadian home price forecast with the national aggregate price expected to end 2020 up 2.3% to $663,000 in the fourth quarter compared to the same period in 2019.

To read more, please visit: rlp.ca/Q2-2020-hps-release
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