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Overseas Property News
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Canada property prices fall
Country: Canada
16 June 2009 The average Canada property price fell by 5.8% in March, compared to the corresponding month last year, according to the Teranet-National Bank National Composite House Price Index. March’s rate of decline is greater than the 4.1% annual fall recorded in February, and down 8.5% nationwide since the peak of the market in August 2008. The worst price falls were recorded in Western Canadian, with Vancouver reporting a 9.6% year-on-year in March, followed by Calgary (-8.4%), Toronto (-6.9%), and Halifax (-0.8%). There was better news for Montreal and Ottawa, where average property prices appreciated by 2.9% and 1% respectively.
See Also: Canada
Some properties in Canada
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Price: £29,454
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Type: Villa
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Bedrooms: 4
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Large 2 storey, 4 bed house, set in almost an acre of garden in beautiful rural New Brunswick. Close to hiking, ATV and snowmobile trails. Superb mountain views. Rented up to end May at $550 per month. Owner finance possible.
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