Condo prices in Canada hit an all time high.

Original article via Better Dwelling. Click here to read.

Condo prices across Canada are hitting all-time highs, as most of the country demonstrates they totally don’t have FOMO. Numbers from the Canadian Real Estate Association (CREA) show that the typical condo across the country is now more expensive than ever. Almost half of all major urban centres now have condo prices sitting at all time highs.

Condos prices are up 19.9% across the country. The price of a typical condo has hit an all-time high across the country. The aggregate benchmark price of condos in Canada’s largest urban centres was $411,000 in July, a 0.85% increase from the month before.

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