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House prices remained unexpectedly resilient across Canada’s housing market over the summer.
According to its latest price survey and market forecast, Royal LePage says low interest rates and a relatively stable domestic economy benefited the residential market.
The national average price of a bungalow rose the most, 7.8% to just under $350-thousand.
The price of a standard two-storey house went up 7.7% to $388-thousand while the price of a basic condo rose almost 6% to just over $239-thousand.