WINDSOR REMAINS ONE OF THE HOTTEST HOUSING MARKETS IN CANADA
Thursday, April 4th 2019 - 2:10 pm
The Windsor area remains one of the hottest housing markets in the country according to the Royal LePage House Price Survey released Thursday.
It showed Canada's residential real estate market slowing when it came to year-over-year price growth in the first quarter of 2019.
But this region bucked the trend.
During the first quarter, Windsor had the highest overall price growth in the country.
The average home price rose 12.4% to $258,110 during the first quarter of 2019 compared to $229,671 in 2018.
Condominiums continue to drive the market. Year-over-year prices in the Windsor-area jumped 19% to $219,582 from $184,477 in the first quarter of 2018.
Two-storey home prices rose to $257,785 in the first quarter of 2019, compared to $227,207 during the same time a year ago representing a 13.5% gain.