Once again, price growth was strongest in the low rise segments of the market although all four major market segments recorded attractive price increases versus November 2013: detached homes (+10.2%), semi-detached homes (+6.1%), townhouses (+8.1%) and condo apartments (+4.3%). The robust price growth experienced throughout 2014 is expected to continue through 2015 given a continuation of high demand versus limited supply in the marketplace.

Irene Love