Canadian real estate cooled due to government measures, higher prices.

Original article via Mansion Global. Click here to read.

Canadian home prices rose 6.2% year-over-year in the first quarter of 2018, according to a Royal LePage House Price Survey released Friday. But the quarterly comparison shows a slightly less rosy picture, with prices for homes around Canada remaining flat or seeing small dips in prices, according to the survey.

The average price of a home in Canada was C$605,512 (US$480,401) in the first quarter, according to the report, which is compiled from data from 63 of the nation’s largest real estate markets

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