Canada: property prices are growing slowly

Prices for residential real estate in Canada are raised, with the highest annual growth was recorded in Toronto and Calgary, reported the online source PropertyCommunity.com with reference to the latest data of the Canadian Association of Realtors. According to the data base of real estate in Canada, in April 2012, the index of real estate prices in the country grew by 5.2%. Toronto marked the largest increase - by 7.9%, in Calgary - by 4%, in Vancouver - by 3.7% and in Montreal - by 2.3%. In April 2012, among the various types of residential property greatest annual income is fixed on single-family homes, followed by two-storey single-family homes (6.9%). The price index for single-family homes rose by 5.6% compared to April 2011, while the townhouses and apartments - by 3.6% and 2.7% respectively. HomesOverseas.ru