Peter Meiszner
Other
Home prices are up for all types of homes across Metro Vancouver, according to the latest survey by Royal LePage.
The real estate company finds the average cost of a detached bungalow is up nearly five per cent to $1,062,318, while the price of a standard two-storey home jumped almost three per cent to more than $1,148,473.
The next most expensive housing market in Canada is Toronto, where the price of a detached bungalow rose 4.1 per cent to $589,250.
The most affordable major city for detached housing in Canada was Moncton, where the price of a detached bungalow declined 3.2 per cent to $153,000.
The price of the average condo in Vancouver nudged up only 0.3 per cent to $482,800, a figure Royal Lepage calls “relatively flat.”
View the Royal LePage quarterly house price survey for Q1 2014:
© Shaw Media Inc.