According to the Royal LePage House Price Survey released Thursday, home prices in the region have jumped the most in all of Canada.
The data shows the average price of a home sold in the first quarter of 2019 was $258,110.
That is a 12.4 per cent increase over the same period last year, when the price was $229,671.
Other notable price increases for Ontario cities include Kingston at 10.3 per cent increase, and a 10.7 per cent increase in London.
Year-over-year prices for condominiums in the Windsor-area jumped 19 per cent to $219,582 from $184,477 in the first quarter of 2018.
There was a 13.5 per cent increase for prices for two-story homes – from $227,207 in 2018 to $257,785 in the first quarter of 2019.
Post Your Comment: