House prices unchanged in March; first time in 15 years

House prices unchanged in March; first time in 15 years

The Teranet-National Bank index of Canadian house prices was unchanged last month, the first time in 15 years that there hasn't been an increase between February and March.

bidding wars still going on in Toronto

Last Saturday I was in one ...home sold for 261K above asking of 998K .

Had to advise client to back off  :-[

• [li]    [img alt=A home with a reduced price is shown in a once vibrant city of Windsor, Ont., in this January 2012 file photo. (Nathan Denette/THE CANADIAN PRESS) height=208 width=300]http://toronto.ctvnews.ca/polopoly_fs/1.1082240%21/httpImage/image.jpeg_gen/derivatives/landscape_300/image.jpeg[/img]      Housing prices in Toronto, Vancouver expected to rise again: Re/Max    A new study says Toronto's housing market is expected to remain hot for the rest of the year, estimating prices will continue to rise about eight per cent this year -- in line with the pace set in March.   
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