In 2016, a real estate agent and a broker in New Brunswick told a reporter from The Lad that they had sold a home in Niagara Falls worth $5 million to a buyer in Florida for $1.6 million.
That home is now listed for $7.2 million in the same town.
In March 2018, an agent and his partner bought a $5.5 million home in Toronto for $6.4 million.
In 2016 the agent sold a house in Niagara for $3.6 billion.
The same agent, who is based in Toronto, bought a condo in Vancouver for $2.6bn in 2018.
And in January 2018, a broker and his agent bought a two-bedroom, four-bathroom condo in Niagara Park, Ontario, for $4.2bn.
So, a few years ago, the real estate market in New York City was awash with lots of homes priced between $10 million and $15 million, according to the real-estate website Trulia.
The average sale price for a new home in New Jersey is $8.5m, according the realty website Trimarket.
The median home price in New Zealand is $7 million.
And if you were to look at the market in North Carolina, the median sale price was $6 million, Trulia reported.
The prices have skyrocketed in the past few years.
In 2017, the average price of a single-family home in the state was $1,531,000, according TOHO Real Estate.
In 2018, it was $2,058,000.
And the median price of the home for people in their 20s is $2 million.
The number of homes in North Dakota was down 13% in the last 12 months from 2017, according Realestate.com.
The New York Times recently reported that in 2016, the state had nearly 40% fewer new homes for sale.
And, in 2017, North Carolina’s vacancy rate dropped to 4.6%.
So, what’s driving up prices in the market?
In February 2018, the market saw a spike in the number of listings for new homes in New Orleans, according ToHO.
But, a lot of the sellers in New England have been moving out of the city, according TELUS Real Estate, and the average selling price in Boston and New York is around $1 million, said Trulia’s Mark Fenton.
It’s also not just a new market.
The city of Miami, Florida, and Atlanta have had record-high prices in recent years, according data from Trulia, and there are lots of other markets where home prices are out of control.
So what’s happening in Canada?
In Canada, the country’s real estate sector is undergoing a massive transformation.
Between 2015 and 2018, prices for condos, townhomes, and apartments rose 30%, and prices for single- and two-family homes fell 24%.
But, prices in condos and townhoms have stayed pretty stable.
And for condos and single- or two-income homes, prices have risen just 10% over the past five years.
So in terms of the market, the most important thing is that buyers are buying smaller and smaller condos and smaller townhouses.
What that means is that there are more buyers in the middle of the spectrum, Fenton said.
In other words, the price of condos are going up, but there are less buyers who are buying condos for the middle class, as opposed to being the wealthy and upper middle class buyers.
And what this means is the market for condos is also going to get more expensive, which is what we have been seeing in the United States.
And that’s why it’s not just an issue for North America, but across the world.
What does this mean for Canadian buyers?
Well, as far as prices go, it means that the Canadian market has become more expensive.
So it’s going to mean that there is more competition for buyers, and that will have a big impact on the price.
In fact, the Canadian Real Estate Association recently announced that in 2019, it expects that condo and townhome prices will rise by 8% compared to 2019.
The Canadian Real estate Association also says that condo prices are going to rise by 25% in 2020 compared to 2020.
And while the prices for townhouses and apartments are still pretty steady, the cost of a detached home is going up by more than 60% in some places, said Paul Cope, a senior vice president at Trulia and an associate professor at Dalhousie University.
So we’ve seen a lot more condos being sold in the first half of 2020 than we did in 2019 and 2020, said Cope.
And those condos tend to have more amenities, including more kitchens, bigger bedrooms, and more garage space.
So these condos tend not to be more expensive than they were in 2019.
So if you’re looking