logo
welcome
CityNews

CityNews

National home sales continue surging, prices rise amid falling interest rates: CREA

CityNews
Summary
Nutrition label

84% Informative

National home sales continue surging, prices rise amid falling interest rates: CREA says the Bank of Canada’s latest interest rate cut and a loosening of mortgage rules could mean a more active winter market than normal.

The national average sale price for November rose 7.4 per cent compared with a year earlier to $ 694,411 .

VR Score

90

Informative language

91

Neutral language

84

Article tone

formal

Language

English

Language complexity

42

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

no affiliate links