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Strategies & Market Trends : Ride the Tiger with CD

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To: LoneClone who wrote (93589)	9/29/2007 3:00:02 AM
From: Cogito Ergo Sum	Read Replies (1) of 313545

This surprised me . Personally I think some areas in Toronto are going ballistic and dragging up the average... I live in a better neighbourhood and homes are not moving that fast.. Not crashing either though. EDIT: My neighbourhood is actually seeing lower prices. Fellow around the corner is trying for the third time to sell. 680news.com Real estate prices still rising, survey shows Thursday, September 27, 2007 - 11:22 AM By: 680News staff Toronto - Buying a home continues to cost more. Royal LePage released new numbers Thursday that show home prices in major Canadian cities continued rising strongly through the summer. The survey of the resale housing market found that on a national basis the average condominium price increased almost 16 per cent from a year earlier to $241,000, while standard two-storey properties gained 13 per cent to $407,000. Saskatoon had the most dramatic year-over-year price appreciation. Toronto's housing market "continued to set records throughout the summer," with a typical two-storey house rising nine per cent to $523,320.

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