Ontario home prices rebounded slightly in March, figures released by the Canadian Real Estate Association Friday show.On a year-over-year basis, the average single-family home in the province sold for $951,900 in March, up 1.9 per cent from the average of $934,300 they sold for in March of 2023.Inflation, depending on what measure you choose, is running at between 3.4 and 3.7 per cent.
Within Ontario, sales in the north continued to show much stronger growth than those elsewhere in the province — single-family homes in the Soo were up 8.3 per cent, for example.. Locally in the Sudbury area in March, single-family house prices were up 3.6 per cent compared to March of 2023, using seasonally adjusted numbers unadjusted for inflation.
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