The Canadian Real Estate Association reports a slowdown in Vancouver and Toronto markets even as agents sold a record number of homes overall. CREA says about 60 per cent of all local markets showed an increase in transactions, including Edmonton, Calgary, Montreal and Victoria. The national average price for homes sold through its members was $508,567, up 15.7 per cent from a year earlier. Excluding the Vancouver area and Toronto area, which have Canada’s most expensive real estate, the national average would be $366,950 — up 10.4 per cent from March 2015.
